Category: Bloomberg

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)

Overall consumer confidence has been incrementally declining over the past few weeks. Of note the forward-looking Expectations Sub-indice continues to be mired in neutral with a score of just below 50 points on the 100 point diffusion scale for the tracking. Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines)… Continue Reading Forwarding-looking consumer confidence mired in neutral (Bloomberg/Nanos)

For the third month in succession, the forward-looking Expectations Sub-indice has remained in neutral territory suggestion a tepid mood for consumer confidence in Canada. Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,114 respondents in Canada. This report is based on the four waves of… Continue Reading Tepid consumer confidence continues (Bloomberg/Nanos)

With the Expectations Sub-indice at 50.14 on the 100 point diffusion index, forward looking consumer confidence remains neutral.  Of note, in the past four weeks the proportion of individuals who say their personal finances has improved has declined from 18.18 to 14.60. Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and… Continue Reading Forward looking consumer confidence neutral – Views on personal finances shows negative pressure (Bloomberg/Nanos)

Canadians are in excess of three times more likely to think that the value of real estate in their neighbourhood will increase compared to decrease. Over the past four weeks there has been upward pressure on perceptions that real estate values will increase in the next six months. Nik Nanos, Chief Data Scientist Nanos conducted… Continue Reading Perceptions on the future value of real estate shows upward pressure (Bloomberg/Nanos)

Positive Ontario consumer sentiment is up three points over the past week and is now at a 15-month high in the Bloomberg Nanos Canadian Confidence Index. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,084 respondents in Canada. This report is based on the four… Continue Reading Ontario consumer confidence hits 15 month high (Bloomberg/Nanos)

A majority of Canadians believe increasing the annual target of immigrants as permanent residents from 465,000 in 2023 to 500,000 by 2025 would have a negative (42%) or somewhat negative (26%) impact on the cost of housing. One in five believe it will have a positive (8%) or somewhat positive impact (12%), while seven per… Continue Reading Although government spending tops list, people increasingly blame interest rate policies and businesses increasing their prices for the sharp rise in the cost of living – Two in three believe an increase in the annual target of immigrants will have a negative or somewhat negative impact on the cost of housing (Bloomberg/Nanos)