Pursuits
Canadian Consumer Confidence Declines to Nine-Month Low
This article is for subscribers only.
Canadian consumer sentiment fell to the lowest in nine months as pessimism about the economy and employment surged.
The Bloomberg Nanos Canadian Confidence Index dropped to 57.4 in the week ended Nov. 21, the lowest since February. The survey-based index is down from 58 the previous week and below the 12-month average of 58.8. Sub-indexes tracking views on real estate and personal finances rose.