Trade Concern Seeps Into Canadian Consumer Confidence Numbers
- Bloomberg Nanos sentiment gauge at lowest since January 2017
- Job security levels deteriorate even with strong labor market
Photographer: Ben Nelms/Bloomberg
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It’s been a dramatic reversal in sentiment for Canada’s consumers.
The Bloomberg Nanos Canadian Confidence Index -- a composite gauge based on survey questions -- continued to tumble in March, dropping to the worst month-end reading in more than a year as households grow increasingly concerned about the durability of the economic expansion.