Ottawa Business Journal - Canada - World

Article

Print
Send to a friend
Comment (0)

Consumer confidence at 19 month high

Stock photo

Published on January 29, 2013; Published on January 29, 2013
The Canadian Press ~ OBJ

Canadian consumer confidence appears to be improving, according to a monthly index compiled by the Conference Board of Canada.

Topics :: Ottawa

The index rose 5.1 points to 83 in January, the highest since June 2011 and the first increase in four months.

The Ottawa-based economics forecaster says the improvement was mainly due to confidence in future jobs and future income.

When asked about the employment outlook in their community in the next six months, about one-fifth of respondents said they expected there would be more jobs.

That was an increase of nearly four percentage points from the December survey.

Asked about their income in six months, nearly one-quarter of the respondents said they expected an improvement – up 1.4 percentage points from last month.

The index was based on a survey conducted from Jan. 4 to 14.

Rate
Top of the page

Submit a comment

Submit a comment Your name* Email* (we keep all emails private) Write your comment here*

Agreement

We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

I agree with these conditions.