Confidence Sees Sharp Downward Revisions: Index of Consumer Confidence—June 2023

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Confidence Sees Sharp Downward Revisions: Index of Consumer Confidence—June 2023

Business and Household Indicators
2 min read

Author: Walter Bolduc

$335.00

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

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This month, we look at the latest in rate hikes from the Bank of Canada and what effect Bill C-18 could have on confidence.

With interest rates held steady since January, did June’s increase shock consumers’ confidence? Given the dispute between tech giants and Ottawa, how might the absence of Canadian news in social media feeds affect people’s confidence? Wildfires aren’t only affecting the people in the areas that are burning—how are they influencing people’s spending and labour?

Read the online experience to get our full analysis.

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