Consumer confidence hits a two year high (Bloomberg/Nanos)

The increase in consumer confidence, which has now hit a two year high, has been largely driven by positive forward looking expectations on the value of real estate and the view the economy will get stronger in the next six months.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,101 respondents in Canada. This report is based on the four waves of tracking ending June 7th, 2024. The margin of error for a random survey of 1,101 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

To view the full report, click here.