Forward looking Expectations Index hits 21 month high. (Bloomberg/Nanos)

The Bloomberg Nanos Expectations sub-indice which projects future confidence has hit a notable 21 month high.  Historically this is a six-month leading indicator of measures such as Canada’s GDP. 

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,058 respondents in Canada. This report is based on the four waves of tracking ending March 8th, 2024. The margin of error for a random survey of 1,058 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.