Canada consumer confidence rises again in November

* Consumer confidence rises 3.9 points

* Responses on current financial situation little changed

* Confidence rises on job and financial outlook

TORONTO, Nov 24 (BestGrowthStock) – Consumer confidence in Canada
rose for a second straight month in November, suggesting a more
hopeful outlook on finances and job creation, the Conference
Board of Canada said on Wednesday.

The board’s consumer confidence index rose 3.9 points to
83.6, enough to cancel out declines recorded between July and
September, it said.

However, confidence levels are still not as high as they
were early in 2010.

The proportion of respondents who expected their financial
situation to improve over the next six months climbed 1.8
percentage points to 24.7 percent. The share of negative
responses fell to 13.2 percent, the lowest level since March,
which the board said was encouraging.

The board said responses to a question on the current state
of personal finances were largely unchanged in November, while
the balance of opinion towards future employment shifted to
positive for the first time since July.

The survey of consumer confidence was conducted between
Nov. 4 and Nov. 14, and the margin of error is plus or minus
2.2 percent.
(Reporting by Ka Yan Ng; editing by Peter Galloway)

Canada consumer confidence rises again in November