Consumer confidence remained flat in Q1 - Credit Connect

Consumer confidence trending down – View that economy will get weaker hits high not seen since the summer of 2020 (Bloomberg/Nanos) – Nanos Research

Canadian consumer confidence continues to trend downwards in an environment of uncertainty spurred by US President Trump.  Of note, pessimism on the future strength of the economy hit a high not seen since the summer of 2020.  Those who report their job is absolutely secure hit a low also not seen since the summer of 2020. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,136 r…

Consumer confidence remained flat in Q1 - Credit Connect

A consumer confidence survey by Deloitte has shown that consumer confidence remained flat in the first quarter (Q1) of 2025. The data showed a marginal 0.3 percentage point increase, this marks a second consecutive quarter of stalled confidence following a two-year period of improvement. A seasonal boost in sentiment towards general health and wellbeing (+3.8 percentage points) and small uplifts in job security and children’s education and welfa…