British Columbia Consumer Confidence
According to the Conference Board of Canada, consumer confidence in British Columbia rebounded in July 2024.
Concerning job prospects over the next six months, the number of respondents expressing uncertainty over future employment conditions moved down while those expecting stability moved higher in July.
Regarding expectations for their household budget over the next six months, the number of respondents who expected an improvement in their finances ticked higher while those who expected conditions to get worse moved down. Most respondents still expect their financial situation to remain relatively the same.
Sentiment about making major purchases, like a home or a car, remains at subdued levels. The number of respondents who thought it was a bad time to make a major purchase moved lower in July while the number of those expressing optimism or uncertainty ticked higher.
Note: Based on 3-month moving averages.
