Consumer confidence closes out flat in 2023 (Bloomberg/Nanos)

Canadian consumer confidence continues to sputter in neutral as 2023 closes out. Of note, a year ago consumer confidence was net negative with a score below 50 on the 100-point diffusion index.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,060 respondents in Canada. This report is based on the four waves of tracking ending December 29th, 2023. The margin of error for a random survey of 1,060 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.