Category: Bloomberg

Canadian consumer confidence has remained in positive territory for four months in succession, largely as result of positive forward views on the future strength of the economy and the future value of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,053 respondents in… Continue Reading Consumer confidence remains positive for fourth month in succession (Bloomberg/Nanos)

The research gauged the opinions among Canadians on housing including which federal party they trust the most on the issue of affordable housing and the two important issues that influence their vote. Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1069 Canadians, 18 years of age or… Continue Reading Liberals less trusted than Conservatives, New Democrats or no party at all on the issue of housing. (Bloomberg/Nanos)

The Nanos Bloomberg tracking has traditionally been a leading indicator of the state of the Canadian economy.  With expectations at a 23 month high this suggests that the final quarter of 2024 will be positive for the Canadian economy. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random… Continue Reading Forward-looking Expectations Sub-indice hits 23 month high (Bloomberg/Nanos)

Week over week data generally remains marginally positive and stable.  Of note, views on the future value of real estate increasing in the next six months has hit a three-month low. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,075 respondents in Canada. This report… Continue Reading Views on real estate values increasing hits a three-month low (Bloomberg/Nanos)

Consumer confidence is on a 15 week positive streak thanks in large part to improving attitudes on the future strength of the Canadian economy and the perceived future value of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,092 respondents in Canada. This… Continue Reading Consumer confidence positive for 15th week in succession (Bloomberg/Nanos)

The forward-looking Bloomberg Nanos Expectations sub-indice has been trending upward for four months in succession.  Based on past performance, and the predictive track record of the Nanos data, this suggest an economic lift in the latter part of 2024. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random… Continue Reading Forward looking expectations hits a two-year high (Bloomberg/Nanos).

Under 2 in 3 Canadians say the federal government should either reduce spending and pay down debt or reduce spending and cut taxes. One in four say the government should continue as planned, while less than one in ten say the government should increase spending, funded either by more borrowing or higher taxes. Nanos conducted… Continue Reading Almost two in three prefer spending restraint over increasing spending or continuing as planned (Bloomberg/Nanos)

While an increasing proportion of Canadians blame businesses increasing their prices (26%, up from 13% in 2022), Canadians still blame most often the Government of Canada’s spending and budget deficit policies for the sharp rise in prices and cost of living over the past year. Of note, blame on the Russo-Ukrainian war continues to decrease… Continue Reading Government spending and budget deficit most blamed for rise in cost of living, with increasing blame on businesses since tracking started (Bloomberg/Nanos)

The Bloomberg Nanos Expectations sub-indice which projects future confidence has hit a notable 21 month high.  Historically this is a six-month leading indicator of measures such as Canada’s GDP.  -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,058 respondents in Canada. This report is based… Continue Reading Forward looking Expectations Index hits 21 month high. (Bloomberg/Nanos)

Overall Canadian consumer confidence remains in marginally positive territory with a score of 52.46 on the 100-point Bloomberg-Nanos Index.  Of note, positive perceptions in the Prairie provinces have reached a 20-month high. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,059 respondents in Canada. This… Continue Reading Consumer confidence in Prairies reaches 20 month high. (Bloomberg/Nanos)