Index of Consumer Confidence: November 2011
The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.
After dropping to its lowest level in more than two years in October, the Index of Consumer Confidence turned around this month, increasing 4.7 points to 76.4 (2002 = 100). Despite this significant increase, confidence levels remain well off their most recent highs, likely reflecting continued uncertainty in the global economy and the related instability in financial markets.
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