A new survey reveals Canadians' consumer confidence dipped

Economic uncertainty has left Canadians wavering about the state of the economy.

According to results from the TNS Canadian Facts' Consumer Confidence Index, despite feeling more confident in February, consumers have wavered in their economic optimism during March as the index dropped.

"With the troubling economy continuing to dominate our news, it comes as no surprise that Canadians believe that current conditions are dismal," said Richard Jenkins, vice-president of

TNS Canadian Facts, a global market information and insight group.

But according to the study results, Canadians have a rosier medium-term outlook.

The Expectations Index - a measure of consumers' outlook of the economy, household income and employment over the next six month - ticked up for the third month in a row.

Another area for hope is the Buy Index which remained relatively flat from last month when it showed significant improvement. The Buy Index measures whether or not people consider the current period an optimal time to make purchases.

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