Index of Consumer Confidence: December 2016

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Index of Consumer Confidence: December 2016

Business and Household Indicators

Author: Marc Desormeaux

$320.00

Signal49 Research’s Index of Consumer Confidence rose 1.1 points in December to 103.8 (2014 = 100). It was the second consecutive monthly increase, which bodes well for overall consumption spending entering the holiday season. Canadians appear to be holding out hope for the new year despite the underwhelming pace of full-time job creation seen of late.

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The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.

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