Consumer confidence flat –People three times more likely to report they are worse than better off compared to a year ago (Bloomberg/Nanos)

As consumer confidence hits a neutral sentiment score of 50 on the 100-point diffusion index, Canadians are three times more likely to report their personal finances are worse rather than better off compared to a year ago.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,123 respondents in Canada. This report is based on the four waves of tracking ending October 13, 2023. The margin of error for a random survey of 1,123 Canadians is ±2.9 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.