This month’s Index of Consumer Confidence shows an increase in how consumers viewed their current and future finances in Ontario, Alberta, and British Columbia and a decrease in Quebec, Saskatchewan, Manitoba, and the Atlantic provinces.
How will lower inflation and loosening labour markets impact consumer confidence over the coming months, and in what areas will this be most keenly felt? Have declining interest rates made inroads in alleviating consumer concerns regarding their future finances? What is the forecast for job creation and household spending?
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