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.
Read MoreICS surged in the second quarter on the back of a long-awaited interest rate cut and strong population and employment growth.
Read MoreIn partnership with Moneris® Data Services, the Angus Reid Group conducted an online survey among a representative sample of n=1,508 adult Canadians.
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.
This Spring 2023 report is our first edition where retailers do not have to report unusual COVID-era year-over-year numbers and parse out the signal from the noise or compare to extraordinary pandemic shopping numbers.
One year after the COVID pandemic began, total spending volumes began to recover beyond pre-pandemic levels, alongside key industries including restaurants, retail, and travel.
From bowling alleys to movie theatres, many businesses that help us have fun saw a big boost in sales.
From contactless payments to emerging categories, businesses and consumers alike were able to adapt to our new normal in some surprising ways.
Preparing for the cold winter months has been a major theme for fall spending in 2020. From upgrading home furnishings to preparing for winter recreation, Canadians are planning ahead for a winter that will likely bring a lot of time at home.
With the weather heating up and people staying home, Canadians got creative with where their money was going over the summer.