Consumer confidence has been on a noticeable decline in the wake of the US election and Trump promise to impose new tariffs on Canadian goods. Positive views on the future strength of the Canadian economy has dropped from 26 to 13 percent in the past four weeks. -Nik Nanos, Chief Data Scientist Nanos conducted an… Continue Reading Consumer confidence sinking in wake of Trump election and tariff Tweet (Bloomberg/Nanos)
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Category: Economy
Canadian consumer confidence continues to decline after US election. Positive views on future streng...
Of note, positive views on the future strength of the Canadian economy have declined a significant eight points coincidentally with the ending of the US presidential election. Consumer confidence overall continues to decline. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,003 respondents in Canada.… Continue Reading Canadian consumer confidence continues to decline after US election. Positive views on future strength of economy slump eight points (Nanos/Bloomberg)
Canadians twice as likely to report they are worse off financially rather than better off now compar...
The research gauged the opinion of Canadians on their personal finances over the last year. Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,010 Canadians, 18 years of age or older, between November 4th and November 6th, 2024 as part of an omnibus survey. The margin of… Continue Reading Canadians twice as likely to report they are worse off financially rather than better off now compared to last year (Globe and Mail/Nanos)
Perceptions on future strength of the Canadian economy shows some weakening in wake of US election (...
Consumer confidence weakened in Canada coming out of the US election. The proportion of Canadians who think the economy will strengthen in the next six months has declined compared to four weeks ago. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,055 respondents in Canada.… Continue Reading Perceptions on future strength of the Canadian economy shows some weakening in wake of US election (Bloomberg/Nanos)
Consumer confidence remains steady and in positive territory. Pocketbook sub-indice on job security...
Overall consumer confidence remained in positive territory. Of note, the Pocketbook Sub-indice which relates to jobs security and personal finances has hit a 19-month high. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,023 respondents in Canada. This report is based on the four waves… Continue Reading Consumer confidence remains steady and in positive territory. Pocketbook sub-indice on job security and personal finances hits a 19-month high (Bloomberg/Nanos)
Ontario hits a new 30-month high in consumer confidence (Bloomberg/Nanos)
Consumer confidence remains in positive territory. Of note, consumer confidence in Ontario, a keystone province in Canada’s economy has hit a 30-month high. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,039 respondents in Canada. This report is based on the four waves of tracking… Continue Reading Ontario hits a new 30-month high in consumer confidence (Bloomberg/Nanos)
Consumer confidence continues to trend upward. The forward-looking Expectations Sub-indice has hit a...
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)
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)