Category: Bloomberg

After registering negative sentiment for most of the past four months, the incremental trend in the Bloomberg Nanos Canadian Confidence Index continues to move towards a neutral position with a score of 48.83 on the 100 point diffusion scale where 50 is net neutral consumer sentiment. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD… Continue Reading Consumer confidence marginally negative (Bloomberg/Nanos)

For the past five months, consumer sentiment has been in a net negative position with a score under 50 points on the Bloomberg Nanos Canadian Confidence Index. Over the past four weeks sentiment has been incrementally trending toward a neutral position. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines)… Continue Reading Consumer confidence nearing neutral from negative (Bloomberg/Nanos)

Consumer confidence continues to trend upwards but remains net negative with a score below 50 points on the Bloomberg Nanos 100 point diffusion index which tracks sentiment. Of note, even with this net negative score, it remains the highest level of confidence registered since August 2022. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD… Continue Reading Consumer confidence tepid but still hits seven month high (Bloomberg/Nanos)

With a score just below 50 on the 100 point diffusion scale that makes up the Bloomberg Nanos Canadian Confidence Index –sentiment is sputtering in a neutral position. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,094 respondents in Canada. This report is based on… Continue Reading Consumer confidence nears neutral (Bloomberg/Nanos)

Over the last number of weeks of tracking in the Bloomberg Nanos Canadian Confidence Index, sentiment has been improving and is nearing near 50 which would be a neutral score on the 100 point diffusion index. The positive trend has been largely driven my more positive views of real estate values which are up about… Continue Reading Improving consumer confidence sentiment driven by views on real estate (Bloomberg/Nanos)

Just under half of Canadians (46%) think that Canada should accept about the same number of immigrants as permanent residents in 2023, which is an increase of 10 percentage points since November 2020. Around one in three Canadians (34%) say that Canada should accept fewer than 340,000 immigrants, which has decreased by six percentage points… Continue Reading Increasing immigration more likely to be seen as a positive rather than a negative on the economy. Most popular preference is to keep immigration to 2023 levels. (Bloomberg/Nanos)

Forward looking consumer expectations are starting to trend upwards, largely on improvements in positive sentiment on real estate. We may be transitioning from a net negative to a neutral view on the future value of real estate. Over the past four weeks positive real estate sentiment has increased by eight percentage points. -Nik Nanos, Chief… Continue Reading Forward-looking consumer expectations improving – Perceptions on real estate may be transitioning from negative to neutral (Bloomberg/Nanos)

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)