WINNIPEG, MANITOBA — (Marketwire) — 09/13/12 — Canadian consumer confidence remained stable in the latest quarter according to the Harris/Decima-Investors Group consumer confidence index. The index currently stands at 79.1, compared to 79.0 in May.
Canadian consumers are also more confident than consumers in the United States. The US index fell from 79.3 in May to 74.3 this quarter.
According to Senior Vice-President Doug Anderson; “Over the past 18 months, consumer confidence has been less volatile in Canada than in the United States. While confidence has not improved in Canada, there appears to be more of a “wait and see” mindset with fewer people willing to indicate either optimistic or pessimistic outlooks”.
“Canadian consumers continue to demonstrate a positive outlook regarding their longer term economic outcomes,” said Aaron Margolis, Vice-President, Product Utilization & Planning . “Ongoing confidence, in spite of near term uncertainty, is a tribute to the consistency of the Canadian economy and the resilience of consumers.”
These data were gathered through teleVox, the company-s national telephone omnibus survey for two weeks from August 23 and September 2, 2012 just over 2,000 completes. A sample of the same size has a margin of error of 2.2%, 19 times out of 20.
Contacts:
Harris/Decima
Doug Anderson
Senior Vice-President
Investors Group
Ron Arnst
Director, Media Relations