Consumer confidence trends into positive territory (Bloomberg/Nanos)

After a prolonged negative cycle of weakened consumer confidence the upward trend has now moved into positive territory with a score greater than 50 points on the diffusion index that makes up the Bloomberg-Nanos tracking.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,156 respondents in Canada. This report is based on the four waves of tracking ending April 28, 2023. The margin of error for a random survey of 1,156 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.