Index of Consumer Confidence: November 2004

The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households. The latest results are based on over 2,000 telephone interviews conducted in early November 2004.

Document Highlights

The optimism of Canadian consumers remained largely unchanged in the past month. November’s Consumer Confidence Index stood at 120.4, unchanged from its October level. Sentiment about employment prospects improved during the month, but Canadians were less convinced that the time was right for a major purchase.