Consumer confidence continues to trend upwards but remains net negative with a score below 50 points on the Bloomberg Nanos 100 point diffusion index which tracks sentiment. Of note, even with this net negative score, it remains the highest level of confidence registered since August 2022.
-Nik Nanos, Chief Data Scientist
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,115 respondents in Canada. This report is based on the four waves of tracking ending March 24, 2023. The margin of error for a random survey of 1,115 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.