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Index of Consumer Confidence: January 2018 The Conference Board of Canada, January 23, 2018 Website by Cory Renner

Index of Consumer Confidence: January 2018

The Conference Board of Canada, January 23, 2018
Website by Cory Renner

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The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households. Document Highlights The Conference Board of Canada’s Index of Consumer Confidence rose steadily through 2017, but Canadians are less confident starting 2018. While the positive sentiment about their current and future finances improved, Canadians became more pessimistic about the outlook for the labour market and are questioning whether now is a good time to make a major purchase. Every region saw a decline in the index this month except for Atlantic Canada.

The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.

Document Highlights

The Conference Board of Canada’s Index of Consumer Confidence rose steadily through 2017, but Canadians are less confident starting 2018. While the positive sentiment about their current and future finances improved, Canadians became more pessimistic about the outlook for the labour market and are questioning whether now is a good time to make a major purchase. Every region saw a decline in the index this month except for Atlantic Canada.

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