Overall consumer confidence remains in negative territory with a score below 50 on the 100 point diffusion scale in the Bloomberg Nanos Canadian Confidence Index. Compared to four weeks ago three of the four indicators showed an improvement with the exception of positive perceptions of the future value of real estate which continued to register… Continue Reading After steady decline in consumer confidence, last week showed an uptick (Bloomberg/Nanos)
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Category: Consumers
Consumer confidence hits low not seen since December 2022 (Bloomberg/Nanos)
Canadian consumer confidence continues in a negative trajectory and has hit a low not seen since the close of 2022. Positivity on the future as measured by the Expectations Sub-indice has continued on the negative trajectory which started with the election of US President Trump. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual… Continue Reading Consumer confidence hits low not seen since December 2022 (Bloomberg/Nanos)
Consumer confidence continues to slide. Percentage who think economy will get weaker in next six mon...
Consumer confidence continues to be on a negative trajectory. When asked if the economy will get stronger, weaker or have no change in the next six month, two of three asserted weaker. Numerically the weaker economy score has not been this high in almost five years. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD… Continue Reading Consumer confidence continues to slide. Percentage who think economy will get weaker in next six months hits a five year high (Bloomberg/Nanos)
Consumer confidence trending down – View that economy will get weaker hits high not seen since the s
Canadian consumer confidence continues to trend downwards in an environment of uncertainty spurred by US President Trump. Of note, pessimism on the future strength of the economy hit a high not seen since the summer of 2020. Those who report their job is absolutely secure hit a low also not seen since the summer of… Continue Reading Consumer confidence trending down – View that economy will get weaker hits high not seen since the summer of 2020 (Bloomberg/Nanos)
Canadians give Mark Carney the advantage over Pierre Poilievre on negotiating with President Trump; ...
More than three in five Canadians (62%) think Mark Carney would do the best job at negotiating with US President Donald Trump, while one in four believe Pierre Poilievre would do the best job (24%). Bernier, Blanchet and Singh each received one per cent, while fewer than one per cent each think Elizabeth May or… Continue Reading Canadians give Mark Carney the advantage over Pierre Poilievre on negotiating with President Trump; two in three are concerned about a possible recession in the next year (The Globe and Mail/La Presse/Nanos)
Forward looking Expectations Sub-indice hits two year low – Those reporting their job is secure hits
Canadian consumer confidence continues to slide in a negative trajectory with a noticeable decline in the forward-looking Expectations Sub-indice. Of note, this index has hit a two year low and those reporting their job is secure has hit an almost five year numeric low not seen since the summer of 2020. -Nik Nanos, Chief Data… Continue Reading Forward looking Expectations Sub-indice hits two year low – Those reporting their job is secure hits numeric low not seen since summer of 2020 (Bloomberg/Nanos)
Percentage of Canadians who think economy will get weaker in next six months nears high not seen sin...
Consumer confidence continues to decline largely on negative views on the future strength of the Canadian economy which has neared a high not seen since the global pandemic in June 2020. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,123 respondents in Canada. This report… Continue Reading Percentage of Canadians who think economy will get weaker in next six months nears high not seen since June 2020 (Bloomberg/Nanos)
Consumer confidence continues to erode in wake of Canada-US tensions (Bloomberg/Nanos)
Key indicators such as the future strength of the Canadian economy and perceptions related to the value of real estate continue to track on a negative trajectory in the wake of heightened Canada-US tensions. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,100 respondents in… Continue Reading Consumer confidence continues to erode in wake of Canada-US tensions (Bloomberg/Nanos)
Forward negativity on future strength of Canadian economy hits level not seen since the depths of gl...
Canadian consumer confidence continues to decline primarily driven by the forward looking Expectations Sub-indice. Of note, two of three Canadians believe the economy will get weaker in the next six months hitting a level on this measure not seen since the depths of the global pandemic in 2020. -Nik Nanos, Chief Data Scientist Nanos conducted… Continue Reading Forward negativity on future strength of Canadian economy hits level not seen since the depths of global pandemic in June 2020 (Bloomberg/Nanos)
Forward looking expectations on the Canadian economy continue to slide (Bloomberg/Nanos)
Canadian consumer confidence continues in negative territory as people grapple with the uncertainty related to tariffs and the economic environment. Of note, negative views on the future strength of the Canadian economy remain high and there has been a four week decline in perceptions on the increased value of real estate. -Nik Nanos, Chief Data… Continue Reading Forward looking expectations on the Canadian economy continue to slide (Bloomberg/Nanos)