The Index of Consumer Attitudes is produced four times a year from responses to four attitudinal questions posed to a random sample of Canadian households.
Document Highlights
It is important to note that this survey, conducted between September 6 and September 16, covers a period before and after the September 11 terrorist attack.
- Consumer confidence declined by 5.1 percentage points in the third quarter of this year. The decline in confidence could easily have been greater if the survey had been conducted after September 11.
- The main reason for the drop in confidence was respondents’ negative views on future job prospects.
- Confidence recorded a major dip in British Columbia, likely because recently imposed export duties affected softwood lumber shipments to the United States.
