Consumer confidence nearing neutral from negative (Bloomberg/Nanos)

For the past five months, consumer sentiment has been in a net negative position with a score under 50 points on the Bloomberg Nanos Canadian Confidence Index. Over the past four weeks sentiment has been incrementally trending toward a neutral position.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,110 respondents in Canada. This report is based on the four waves of tracking ending March 31, 2023. The margin of error for a random survey of 1,110 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.