Forward looking Expectations Sub-indice hits two year low – Those reporting their job is security hits numeric low not seen since summer of 2020.

Weekly Bloomberg Nanos Canadian Confidence Index field ending April 4, 2025

Canadian consumer confidence continues to slide in a negative trajectory with a noticeable decline in the forward-looking Expectations Sub-indice. Of note, this index has hit a two year low and those reporting their job is secure has hit an almost five year numeric low not seen since the summer of 2020.

The BNCCI, a composite of a weekly measure of financial health and economic expectations, registered at 46.99, compared to 48.73 four weeks ago. The twelve-month high stands at 56.74.

The Bloomberg Nanos Pocketbook Index is based on survey responses to questions on personal finances and job security. This sub-indice was at 53.55 this week compared to 55.25 four weeks ago. The Bloomberg Nanos Expectations Index, based on surveys for the outlook for the economy and real estate prices, was at 40.42 this week compared to 42.21 four weeks ago.

The average for the BNCCI since 2008 has been 55.15 with a low of 37.08 in April 2020 and a high of 66.42 in July 2021. The index has averaged 49.30 this year.