Canada Consumer Confidence

Consumer Confidence in Canada decreased to 99 in February of 2013 from 103.80 in January of 2013. Consumer Confidence in Canada is reported by the Nanos Research. Historically, from 2008 until 2013, Canada Consumer Confidence averaged 105.12 reaching an all time high of 121.20 in December of 2009 and a record low of 83.40 in December of 2008. In Canada, consumer confidence improved to 107.8 in March of 2012 from 104.6 in February of 2012. The Nanos Economic Mood Index is based on a series of questions related to the economy posed online to around 1000 Canadian adults 18 years of age and older. It is a composite of the Nanos Expectation Index which tracks forward looking perceptions and the Nanos Pocketbook Index which tracks the economic impact of the past year. The index scores are calculated using the base first wave of tracking of 2008Q2. The base data point is assigned a value of 100 and subsequent waves reflect the changes in index values relative to the base wave of research.For more information on The Nanos Economic Mood Index please visit www.nanosresearch.com. This page includes a chart with historical data for Canada Consumer Confidence.

 TO REFRESH |  COMPARE
Canada Consumer Confidence
    EMAIL
 


Consumer Confidence | Notes

Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.






Buy Ads Directly on TRADING ECONOMICS