The Role of Consumer Spending Data in Decision Making During Economic Uncertainty
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The Index of Consumer Spending fluctuates as uncertainty drains confidence in the first quarter of 2025
Exclusive commentary from the Index of Consumer Spending presents how Canadians chose to spend in the first quarter of 2025.
The Index of Consumer Spending notes small improvement in the final quarter of 2024
Exclusive commentary from the Index of Consumer Spending presents how Canadians chose to spend leading up to and during the holiday season as interest rates changed in the final quarter of 2024. Read on to find out more.
The Index of Consumer Spending surges in the second quarter of 2024
ICS surged in the second quarter on the back of a long-awaited interest rate cut and strong population and employment growth.
RCC Insights- Consumers have pulled back into what one retailer has described publicly as a "discretionary recession"
The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
ICS follows similar seasonal trends in Q1 2024 but averages higher year-over-year
A weakening labour market is expected to apply downward pressure on consumer spending
Household Spending Edges Lower in the Final Quarter of 2023
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
RCC- Highlights from September 2023 through November 2023
As retailers turn their minds to 2024, almost all retailers were flat-to-up in terms of Year-Over-Year sales, encouraged by the estimated $ 30 billion in spending by the 1.5 million new Canadians as they get settled across Canada.
Household spending slightly improved but is still well below where it was the same time last year
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
The Shifting Spend Priorities of Canadian Consumers 2023
In partnership with Moneris® Data Services, the Angus Reid Group conducted an online survey among a representative sample of n=1,508 adult Canadians.