Category: Bloomberg

Positive views on personal finances have not hit a level this low, numerically, since the period near the beginning of the pandemic before government supports fully kicked in. Forward looking expectations are on the decline. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,097 respondents… Continue Reading Proportion of Canadians who say their finances are better hits low not seen since June 2020 (Bloomberg/Nanos)

Consumer confidence in Canada continues to show negative pressure. Of note, views are more pessimistic compared to four weeks ago on three of four indicators including the value of real estate, personal finances and the future strength of the economy. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone… Continue Reading Negative trend line on consumer confidence continues (Bloomberg/Nanos)

Canadian consumer confidence continues to be tepid.  Of note, individuals are almost four times more likely to report their personal finances are worse rather than better off compared to a year ago.  Better off numbers at a one year low. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone… Continue Reading Canadians reporting better personal finances at one year low (Bloomberg/Nanos)

The research gauged the opinions among Canadians on the reason for the sharp rise in grocery prices. Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,058 Canadians, 18 years of age or older, between October 1st and October 4th, as part of an omnibus survey. The margin… Continue Reading Canadians blame grocery store profiteering, increased fuel costs and food manufacturing profiteering the most for the sharp rise of grocery prices in the past year. (Bloomberg/Nanos)

Canadian consumer confidence has dipped below 50 points, and into negative territory, for the first time in over six months. Of note, positive views on the future value of real estate have softened over the period. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,105… Continue Reading Confidence dips into negative territory for first time since April (Bloomberg/Nanos)

As consumer confidence hits a neutral sentiment score of 50 on the 100-point diffusion index, Canadians are three times more likely to report their personal finances are worse rather than better off compared to a year ago. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of… Continue Reading Consumer confidence flat –People three times more likely to report they are worse than better off compared to a year ago (Bloomberg/Nanos)

Consumer confidence for the past four weeks continues to sputter in neutral. Canadians are more likely to report their finances are in worse rather than better shape compared to a year ago and to believe the economy will weaken rather than strengthen in six months. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual… Continue Reading Consumer confidence remains in neutral (Bloomberg/Nanos)

The Bloomberg Nanos Canadian Confidence Index continues to hover around the 50 point mark suggesting neutral consumer sentiment on the 100 point-diffusion scale. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,106 respondents in Canada. This report is based on the four waves of tracking… Continue Reading Consumer confidence sputters in neutral (Bloomberg/Nanos)

Tracking in the Bloomberg Nanos Canadian Confidence Index suggests an emerging negative trend over the past four weeks. Of note both the Pocketbook and Expectations Sub-Indices showed downward pressures suggestion stress on the finances of Canadians and a less hopeful future economic outlook. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land-… Continue Reading Consumer confidence on emerging negative trajectory (Bloomberg/Nanos)

A majority of Canadians (70%) say that they would be happy (40%) or somewhat happy (30%) if housing prices went down. Residents in Quebec (82%) and Atlantic Canada (78%) are more likely to be happy or somewhat happy with a decrease in housing price compared to residents in Ontario (62%) and the Prairies (63%). As… Continue Reading Majority of Canadians would be happy or somewhat happy with decrease in housing price (Bloomberg/Nanos)