The Index of Consumer Spending (ICS) increased to 98.6 points in February, a 2.5‑point increase from January. This month, we discuss the strengthening consumer spending levels across most of the country.
With the ICS posting a stronger overall performance in February, what factors have contributed to this increased optimism? Which regions show the highest promise, and which have continued to lag in the face of gains elsewhere in the country? We share our findings for the month of February, considering the situation in each province and territory.
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