Economic Indicators: 1) Consumer Spending Index, 2) Average Asking Rent Prices In Canada Reach $2,193 In February, Up 10.5% From 2023, 3)Households Owed $1.79 For Every Dollar Of Disposable Income In Q4: Statistics Canada
1) Consumer Spending Index The Index of Consumer Spending (ICS) averaged 114.3 points in December 2023, a 2.9‑point drop from November (the month of April 2022 = 100). Ontario ICS decreased 5.9 points. Ontario’s revised December ICS fell to 107.0 points. However, January preliminary data (up to January 6) showed the province retreating to 84.0 points. 2) Average Asking Rent Prices In Canada…