Canadian consumer confidence holds near neutral as economic outlook brightens
The headline figure blends two sub-indices tracking different aspects of household sentiment. The Pocketbook Index, which captures views on personal finances and job security, slipped to 51.88 from 52.91 four weeks earlier.
The Expectations Index, covering outlooks for the broader economy and real estate prices, climbed to 50.60 from 48.81 over the same period.
Nik Nanos, chief data scientist at Nanos Research, said the overall picture is one of stability rather than momentum in either direction.
“Canada’s economic confidence has remained broadly stable. The Bloomberg-Nanos Canadian Confidence Index stood at 51.24, slightly higher than four weeks earlier and just above the neutral benchmark. Views on personal finances and job security were largely unchanged, while expectations for the economy and housing have improved modestly.”
Regionally, Quebec posted the strongest confidence reading at 54.79, followed by Atlantic Canada at 54.29. British Columbia was the weakest region at 49.21, with Ontario close behind at 49.30.
