Category: Consumers

Canadian consumer confidence remains fragile, hovering just below 50 on the 100-point consumer confidence index. Notably, Canadians are nearly four times more likely to believe the economy will be weaker over the next six months than those who believe it will be stronger. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame… Continue Reading Consumer confidence remains soft, Canadians concerned over the future direction of the economy. (Bloomberg/Nanos)

All components that make up the Bloomberg Nanos Canadian Confidence Index realized downward pressure compared to four weeks ago.  The largest single drop was in positive impressions on the future strength of the Canadian economy which declined six percentage points in four weeks. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame… Continue Reading Consumer confidence hits five month low. (Bloomberg/Nanos)

Overall consumer confidence in Canada remains in a neutral posture as uncertainty on the Canada-US trade relationship continues.  When asked if the Canadian economy will be stronger or weaker in the next six months only 16 percent are positive in sentiment, which is a five-month low. – Nik Nanos, Chief Data Scientist Nanos conducted an… Continue Reading Consumer confidence flat – Positive sentiment on future strength of the Canadian economy hits five month low. (Bloomberg/Nanos)

Canadian consumer confidence continues to move towards a perfectly neutral score of 50 on the 100-point diffusion index which makes up the Bloomberg-Nanos sentiment tracking. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,027 respondents in Canada. This report is based on the four… Continue Reading Consumer confidence continues to veer toward a neutral posture. (Bloomberg/Nanos)

Canadian consumer confidence continues its tepid creep towards a perfectly neutral position.  Canadians living west of Quebec are more likely to have lower consumer confidence than those in Quebec and Atlantic Canada. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,030 respondents in Canada.… Continue Reading Consumer confidence creeping towards neutrality. Ontario and BC regions with lowest confidence. (Bloomberg/Nanos)

Canadian consumer confidence continues to skip along in neutral territory.  The forward-looking Expectations Sub-indice is marginally negative and the Pocketbook Sub-indice is marginally positive. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,056 respondents in Canada. This report is based on the four waves… Continue Reading Consumer confidence skipping along in neutral territory. (Bloomberg/Nanos)

The most recent week of tracking had only 10.65 percent of Canadians reporting their personal finances are better off than a year ago.  This ties a record low since our consumer confidence tracking began back in 2008.  This current mood related to personal finances is worse than during either the Global Financial Crisis in 2008… Continue Reading Optimism on personal finances hits rock bottom: Ties record since tracking started in 2008. (Bloomberg/Nanos)

Canadian consumer confidence continues to track near the neutral score of 50 on the 100-point Bloomberg Nanos Index with no new development in the relationship with the US.  Views on real estate remain net positive while views on the future strength of the economy and personal finances tend to be more negative than positive. –… Continue Reading Consumer confidence continues to drift in neutral territory with no new developments in the Canada US trade relationship. (Bloomberg/Nanos)