Consumer sentiment trends lower again

The latest Bloomberg Nanos Canadian Confidence Index shows that consumers are less confident in the economy last week than they were the week before.

The latest Bloomberg Nanos Canadian Confidence Index shows that consumers are less confident in the economy last week than they were the week before. The index of those who believe there will be improvement in the economy in the next 6 months was at its lowest mark since April 2013. In the real estate sub-index there has also been a drop in the past week with those believing that prices will increase in the next 6 months dipping below the year’s average. Read the full story.