![](https://www.conferenceboard.ca/wp-content/uploads/2023/03/icc_nov2023_banner-1920x1080-1.jpg)
Index of Consumer Confidence
Updated: July 15, 2024
Interest Rate Cut Has Only Struck a Minor Chord with Consumers So Far
The Bank of Canada’s first interest rate cut since March 2022 drove modest consumer confidence gains. Canadians breathed a sigh of relief after the interest rate announcement earlier this month.
July 15, 2024 • 8-min read
Get Data
Results are available to e-Data subscribers, and analysis is available to inFact subscribers for a one-time fee.
The Index of Consumer Confidence is based on the Conference Board’s survey of Canadian households. It tracks consumers’ levels of optimism regarding current economic conditions, personal financial positions, short-term employment outlook, and making major purchases—as well as their expectations for the coming six months.
This index is a crucial indicator of near-term sales for companies in the consumer products sector.
Access data
Get the latest on Canada’s used housing markets, updated monthly.
Author
![Two people going over paperwork in an office](https://www.conferenceboard.ca/wp-content/uploads/2022/11/prod_question-generic-1024x683.jpg)
Questions?
If you have any questions about the Index of Consumer Confidence or about becoming a subscriber, please contact our sales team.
1-888-801-8818
![Woman looking at co-worker during a meeting](https://www.conferenceboard.ca/wp-content/uploads/2022/10/prod_subscribe-generic.jpg)
Stay Informed
As the country’s largest private economic analysis and forecasting unit, we are here to help leaders cut through the noise and make informed decisions to build the Canada of tomorrow.