After setting a new 30-month positive high last week, Canadian consumer confidence continues to trend in positive territory. Forward looking perceptions are at a positive level not seen since April of 2022. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,047 respondents in Canada. This… Continue Reading Consumer confidence continues to trend upward. The forward-looking Expectations Sub-indice has hit a high not registered since April of 2022 (Bloomberg/Nanos)
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Category: Consumers
Consumer confidence hits 30 month high (Bloomberg/Nanos)
Canadian consumer confidence has hit a new 30 month high. Sentiment is tracking upward on both the future-looking Expectations Sub-indice and the Pocketbook Sub-indice. Assuming past predictive performance continues, this suggest positive GDP movement in the first quarter of 2025. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone… Continue Reading Consumer confidence hits 30 month high (Bloomberg/Nanos)
Canadians more than three times more likely to believe real estate will increase rather than decreas...
Canadian consumer confidence continues to track in positive territory, largely driven by positive 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 survey of 1,010 respondents in Canada. This report is based on the four waves of tracking ending October… Continue Reading Canadians more than three times more likely to believe real estate will increase rather than decrease in value (Bloomberg/Nanos)
Consumer confidence remains in positive territory with views on future strength of economy up in pas...
Canadian consumer confidence continues to trend above 50 points on the diffusion index. Based on the projective power of the data the first quarter of 2025 is expected to be positive setting aside an exogenous event. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,010… Continue Reading Consumer confidence remains in positive territory with views on future strength of economy up in past four weeks (Bloomberg/Nanos)
Positive views on the future strength of the economy up a significant six points in four weeks (Bloo...
Canadian consumer confidence remains net positive largely driven on more favourable views on the future strength of the Canadians economy. This key measure is up a significant six points over the past four weeks as interest rates ease. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Positive views on the future strength of the economy up a significant six points in four weeks (Bloomberg/Nanos)
Consumer confidence hits 29 month high on easing of interest rates (Bloomberg/Nanos)
Canadian consumer confidence hit a 29-month high – largely on more positive views on the future strength of the Canadian economy. Sentiment is in the context of a broader environment of interest rates easing. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,059 respondents in… Continue Reading Consumer confidence hits 29 month high on easing of interest rates (Bloomberg/Nanos)
People over four times more likely to think the value of real estate will increase rather than decre...
Consumer confidence remains in net positive territory as Canadians are more than four times more likely to think the value of real estate will increase rather than decrease in the next six months. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,093 respondents in Canada.… Continue Reading People over four times more likely to think the value of real estate will increase rather than decrease (Bloomberg/Nanos)
Consumer confidence hits a two-year high concurrent with rate cut announcement (Bloomberg/Nanos)
Consumer confidence has hit a numeric score not seen since May 2022. This weekly tracking score has occurred concurrently with a cut in interest rates from Canada’s central bank. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,120 respondents in Canada. This report is based… Continue Reading Consumer confidence hits a two-year high concurrent with rate cut announcement (Bloomberg/Nanos)
Nearly two thirds of Canadians support or somewhat support the proposed 100% tax on Chinese-made ele...
Over three in five Canadians support (43%) or somewhat support (20%) 100% tax on all Chinese-made electric vehicles, while just over one in four oppose (10%) or somewhat oppose (17%) this. Older Canadians (55 plus) were more likely to support this (52% support, 22% somewhat support) than younger Canadians (18-34)(33% support, 18% somewhat support). Nanos… Continue Reading Nearly two thirds of Canadians support or somewhat support the proposed 100% tax on Chinese-made electric vehicles (Globe and Mail/Nanos)
Consumer confidence for 2024 continues to track in marginally positive territory (Bloomberg/Nanos)
For most of 2024, Canadian consumer confidence has tracked in positive territory with a score between 50 and 54 points on the 100 point diffusion score that makes up the Bloomberg Nanos Index. Positive scores are most likely to be driven by favourable views about the future value of real estate. -Nik Nanos, Chief Data… Continue Reading Consumer confidence for 2024 continues to track in marginally positive territory (Bloomberg/Nanos)