For the past two months Canadian consumer confidence has remained stable albeit in negative territory with a score under 50 points on the 100 point diffusion index that makes up the Bloomberg Nanos weekly tracking. Forward views on the strength of the economy in six months is four times more likely to be negative than positive.
-Nik Nanos, Chief Data Scientist
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,104 respondents in Canada. This report is based on the four waves of tracking ending February 10, 2023. The margin of error for a random survey of 1,104 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.