Consumer Chill: People almost four times more likely to think economy will get weaker rather than stronger in next six months (Bloomberg/Nanos)

Canadian consumer confidence continues a downward trajectory in the wake of the US presidential election.  Of note, people are almost four times more likely to think the economy will get weaker rather than stronger in the next six months.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,058 respondents in Canada. This report is based on the four waves of tracking ending December 6th, 2024. The margin of error for a random survey of 1,058 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

To view the full report, click here.