Canadians said they're reducing spending, putting off buying big-ticket items
While still positive, consumers’ assessments of the current labour situation continued to weaken: economist
Consumers increasingly seeking cheaper alternatives, bargains or avoiding items they deem too expensive
Elevated prices for food, groceries are main driver of consumers’ view of U.S. economy
Germany, the leading European economy, remained in the dumps in the April-June quarter
Report comes amid upheaval in retail landscape
The central bank's survey shows Canadians' outlook for the future economy was 'pessimistic'
Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending
High rates, cautious consumers driving insolvency trends
Dustin Haygood of Aristotle Capital Management says all sectors of the U.S. economy stand to benefit from strong consumption trends