Category: Bloomberg

After a period of tepid consumer confidence, forward looking expectations remain net negative but are trending upward in the Bloomberg Nanos Canadian Confidence Index. The movement has been driven by improving views on the future value of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random… Continue Reading Improving positive views on real estate driving up consumer confidence (Bloomberg/Nanos)

Consumer confidence continues to track in net negative territory with a score less than 50 on the 100 point scale that makes sure the Bloomberg Nanos Canadian Confidence Index. BNCC Index scores are lower among individuals under 30 compared to all other age cohorts. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame… Continue Reading Consumers three times more likely to think the economy will get weaker than stronger in next six months (Bloomberg/Nanos)

Canadians are over four times more likely to say that that if interest rates stay around the current rate of 4.5% in 2023, it will have a negative (32%) or somewhat negative impact (27%) rather than a positive (5%) or somewhat positive (nine per cent) impact on their personal finances. One in five (21%) say… Continue Reading Majority reports that if interest rates stay around the current rate of 4.5% in 2023, it will have a negative or somewhat negative impact on their personal finances (Bloomberg/Nanos)

Canadian consumer confidence remains in negative territory with a score less than 50 on the 100 point diffusion index. Every region of the country has a score lower than the 12 month average. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,000 respondents in Canada.… Continue Reading Consumer confidence remains in mildly negative doldrums (Bloomberg/Nanos)

Overall consumer confidence remains both steady and in negative territory. Canadians are four times more likely to think the economy will get weaker rather than stronger in the next six months. Views on the future value of real estate also remain net negative. Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Consumer confidence steady and mildly negative (Bloomberg/Nanos)

Overall consumer confidence in Canada remains net negative with a score under 50 points in the 100 diffusion index. Of note, the proportion of Canadians who believe the value of real estate in their neighbourhood will increase is at a two year low. Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Positive views on the future value of real estate at two year low in weekly tracking (Bloomberg/Nanos)

Canadian consumer confidence in the opening part of 2023 remains mired in negativity with an overall Bloomberg Nanos Index score below 50 in the 100 point diffusion scale. Canadians remain net negative on the future value of real estate, their personal finances and the future strength of the economy. Nanos conducted an RDD dual frame… Continue Reading Consumer confidence remains net negative but steady (Bloomberg/Nanos)

Consumer confidence continues to incrementally move towards a neutral score of 50 on the 100 point diffusion scale that makes up the Bloomberg Nanos Canadian Confidence Index. Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,000 respondents in Canada. This report is based on the four waves of tracking ending… Continue Reading Steady trajectory towards neutral consumer confidence continues (Bloomberg/Nanos)

Over one Canadian in three (35%) reports that they have cancelled a major purchase because of price increases, which is an increase of 12 percentage points since the May 2022 wave. Younger Canadians aged 18 to 34 are more likely to report having cancelled a major purchase (50%) than older Canadians aged 35 to 54… Continue Reading Percentage of Canadians who have cancelled a major purchase increases from 23 to 35 per cent in seven months (Bloomberg/Nanos)

With a score continuing to be below 50 on the 100 point diffusion scale that makes up the Bloomberg Nanos Canadian Confidence Index, consumer sentiment remains in net negative territory.  Of note, confidence has been incrementally improving over the past eight weeks. Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of… Continue Reading Negative confidence continues but slowly improving (Bloomberg/Nanos)