CONSUMER CONFIDENCE ON THE DECLINE!
Saturday Oct 08th, 2022
Canadian consumer confidence has dropped to near record lows again amid growing angst about the global economy.
The Bloomberg Nanos Canadian Confidence Index, a measure of sentiment based on weekly polling, declined for a fifth straight week to touch some of the weakest levels ever outside of the last two economic crises.
Canadians have rarely been so pessimistic about the economy since the index was launched in 2008. Half of Canadians expect the economy will weaken over the next few months, with only 14% anticipating a stronger economy. # SANDI HALPERN # REAL ESTATE# SOLD # LEASED