Tag: Consumer

Plants ‘operating 24/7’ to meet consumer demand for food amid COVID-19

Campbell Soup Company’s production goes into overdrive during what executives dub “soup season.” Starting in October and ending with the close of winter, Campbell’s manufacturing centres run non-stop, staffed by extra employees. Since the arrival of the COVID-19 pandemic, consumer demand has soared, eclipsing that of the company’s busiest time. In March, there were more…

Canadian Survey of Consumer Expectations—First Quarter of 2020

Household finance, credit and house prices As with their expectations for wage growth, consumers’ expectations for growth of household income went up slightly in the first quarter of 2020, remaining below the peak observed in the first half of 2018 (Chart 5). Expectations for spending growth edged up and continued to surpass expectations for income growth,…

Canadian Survey of Consumer Expectations—Fourth Quarter of 2019

Results of the Fourth-Quarter Survey | Vol. 0.4 | January 13, 2020 The Canadian Survey of Consumer Expectations (CSCE) focuses on respondents’ views on inflation, the labour market and household finances. The survey for the fourth quarter of 2019 was conducted between November 11 and November 29, 2019. This is the first quarterly publication of the results of…

Stock futures point to Wall Street gains, eyes on consumer data

(Reuters) – U.S. stock markets were set to gain on Friday but still looked on course to end the week in negative territory as the shock of the launch of an impeachment investigation into President Trump was countered by hopes for progress with China on trade. FILE PHOTO: Traders work on the floor at the…

BRP CEO brushes off concerns over global economy, citing consumer confidence

The possibility of a recession did little to dampen the spirits of BRP Inc.’s CEO, who highlighted encouraging consumer trends as the company raised its financial outlook for 2020 following record second-quarter revenues and a profit boost of 128 per cent. Jose Boisjoli, chief executive of the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, cited…