Invest in Canada » consumer confidence http://www.invest-in-canada.com The real facts about the Canadian Economy Wed, 19 Aug 2009 17:03:53 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Consumers boost confidence in economy http://www.invest-in-canada.com/news/consumers-boost-confidence-in-economy.htm http://www.invest-in-canada.com/news/consumers-boost-confidence-in-economy.htm#comments Thu, 13 Aug 2009 15:42:19 +0000 Christine http://www.invest-in-canada.com/?p=403 Whether or not Canada is truly out of the woods when it comes to the recession remains up for debate, but more and more Canadians are choosing to think positively about the economy, a new survey finds.

The survey, conducted by TNS Canadian Facts, shows their Consumer Confidence Index at 99.2, up 6% from July, when it was at 93.4.

The three subindexes that combine to track overall consumer confidence posted gains during the month, with the Expectations Index seeing the greatest shift: up 8.5 points to 111.1 from 102.6 in July.

The subindex tracks consumer sentiment for the economy, household income and employment in the next six months.

The Present Situation and Buy indexes also increased during the month.

“Consumer confidence has been trending upward since it fell to an all-time low last December,” Michael Antecol, director of the monthly study, said in a release Thursday.

More..

]]> http://www.invest-in-canada.com/news/consumers-boost-confidence-in-economy.htm/feed 0 Consumers becoming more confident http://www.invest-in-canada.com/retail/consumers-becoming-more-confident.htm http://www.invest-in-canada.com/retail/consumers-becoming-more-confident.htm#comments Sat, 25 Jul 2009 15:45:59 +0000 NewsHound http://www.invest-in-canada.com/?p=375
Pedestrians cross the street at Yonge and Dundas.

Consumer confidence edged slightly higher in Canada in July, according to a survey by the Conference Board of Canada.

More importantly, confidence didn’t go down. The July increase, while small, was the fifth month in a row for a rise, from the worrisome depths reached last winter.

The Conference Board’s index climbed a marginal 0.8 points to 82.9 – a level that is 12.7 points higher than at the start of the year when the recession was at its worst in Canada. The index was set at 100 in 2002.

The increase this year “perhaps [indicates] that consumers do indeed see a light at the end of the tunnel,” the Conference Board said in a press release.

Still, confidence is much lower than the levels near 100 reached last summer. And respondents had mixed feelings about their prosperity.

More..

]]> http://www.invest-in-canada.com/retail/consumers-becoming-more-confident.htm/feed 0