Index of Consumer Confidence: February 2017

The Conference Board of Canada, February 27, 2017
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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 soared in February, rising 9 points to 110.6 (2014 = 100). It was the largest monthly increase since March 2015, and the national index now sits at its highest level in more than seven years. The balance of opinion rose on all four survey questions. Although regional developments drove some of the increases, February’s gains suggest the recent string of solid job creation and economic growth at the national level, as well as the improved economic outlook for 2017, have consumers feeling more upbeat.

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