Index of Consumer Spending for February 2025

Name: Index of Consumer Spending for February 2025
SKU: P-01361-Q9K1M6
Availability: InStock

Canadian Economics

April 10, 2025

Business and Household Indicators

2 min read

Author: Walter Bolduc

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The Index of Consumer Spending is powered by exclusive consumer transaction data provided by Moneris Data Services. Moneris is Canada’s number one payment processor with over 3.5 billion transactions spanning more than 325,000 merchant locations. Our index tracks incremental changes in net transaction volume month-over-month from a set starting point (April 2022 = 100), enabling us to gauge economic activity levels across the country and provide insights into how the Canadian economy is performing coast to coast.

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Trade Tensions Cast a Shadow Over Consumers

This month, we consider the results of the Index of Consumer Spending for February 2025.

To what extent did U.S. tariff threats affect consumer spending? Which provinces and territories experienced a drop in consumer spending and which saw a rise? We share our outlook for consumer spending in the months ahead, amid the uncertainty of the impact of tariffs on the Canadian labour market and consumer confidence.

Read the online experience to get our full analysis.