Index of Consumer Confidence for January 2025

Index of Consumer Confidence for January 2025

Business and Household Indicators
8 min read

Author: Walter Bolduc

$335.00

This month, we examine the results of a survey of households across Canada about the economy as a whole. The results show that consumers are more optimistic than they were in December, especially about their current finances.

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This month’s consumer confidence index shows that, overall, consumers are more optimistic about their current and future finances. Only consumers in Quebec and the Atlantic provinces expressed less confidence.

What factors are driving the boost in consumer confidence in some provinces and not others? Despite easing inflation and falling interest rates, what is preventing an improvement in job growth? What are our predictions for the effect of U.S. tariffs on consumer confidence?

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