Nanos tracking on economic mood shows continued slow erosion (Nanos Economic Indices - June 2012)
The Nanos tracking on the economic mood in Canada shows a continued slow erosion of confidence. Regardless of the state of the Canadian economy, one cannot underestimate the psychological chill effect from uncertainty in Europe and the United States.
The Nanos Pocketbook Index which measures how Canadians feel about their state of financial affairs has hit 90.9 points, the lowest score since the tracking began in 2008.
Perceptions related to real estate values remain positively stable while views on job security have improved in the past 30 days.
These are the key findings of the consumer confidence tracking study completed by Nanos on June 12th, 2012.
The current wave is based on a representative random sample of 1,000 Canadians, conducted online by Nanos Research on June 11th and June 12th, 2012. The results were weighted using the latest census information and statistical testing suggests that the research is an accurate depiction of the views of Canadians at the time of the research.
Nanos Economic Monitor
The numbers in parentheses denote the change from the Nanos Economic Mood Index, the Nanos Pocketbook and the Nanos Expectations Sub-Indices in May 2012.
2012-06 - Nanos Economic Mood Index: 102.1 (-4.4)
2012-06 - Nanos Pocketbook Sub-Index: 90.9 (-1.8)
2012-06 - Nanos Expectations Sub-Index: 115.6 (-6.4)
2012-06 Strength of the Economy Net Score -5.4 (-7.6)
2012-06 Real Estate Net Score +22.1 (-0.3)
2012-06 Personal Finances Net Score -14.1 (+0.3)
2012-06 Job Security Net Score +39.7 (+6.0)
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