Index of Consumer Spending
Powered by Moneris Data Services • Updated: December 13, 2024
Spending Turns Up in September and October
Lower consumer spending in the majority of the east coast provinces is not unexpected although it comes at a slightly later time this year than historical patterns. Historically, spending in these provinces withdraws around September, partially due to their hurricane season.
December 13, 2024 • 3-min read
3.5 to 113.9
The Index of Consumer Spending is The Conference Board of Canada’s latest index and it is powered by exclusive consumer transaction data provided by Moneris Data Services. Moneris is Canada’s number one payment processor with over 3.5 billion transactions spanning more than 325,000 merchant locations. Our index tracks weekly year-on-year changes in consumer spending, enabling us to gauge economic activity levels across the country and provide insights into how the Canadian economy is performing coast to coast.
Updates on this index will be released monthly.
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