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 random survey of 1,010 respondents in Canada. This report is based on the four waves of tracking ending October 11th, 2024. The margin of error for a random survey of 1,010 Canadians is ±3.1 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.