Confidence Sees Three Months of Consecutive Increases: Index of Consumer Confidence—May 2023

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Confidence Sees Three Months of Consecutive Increases: Index of Consumer Confidence—May 2023

Business and Household Indicators

Author: Walter Bolduc

$335.00

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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This month, we look at the impact of Alberta’s wildfires on consumer’s confidence and what the Bank of Canada thinks households may be in for over the next few years.

Confidence is up again this month, but how evenly spread is the optimism? Wildfires in Alberta are a threat to property and safety, but how else could they affect consumers? What are the issues facing households that the Bank of Canada is concerned about?

Read the online experience to get our full analysis.

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