Canadian Consumer Confidence Stalls as Job Fears Rise

Entering 2012, the confidence level of Canadian consumers remained steady – but concerns about job prospects are up, and fears of a lingering recession are also increasing. The mixed results come from the latest edition of the Nielsen Global Consumer Confidence Index, for the fourth quarter of 2011. On the index, based on quarterly online surveys of consumers, a score of 100 is neutral; levels above and below that show degrees of optimism and pessimism.