Economic confidence remains weak as 83% feel the country will be worse off in the coming year.
This latest wave of the B&A Consumer Confidence Tracker (Qtr. 3) was conducted from 17th – 30th September 2020 and all interviewing was conducted via B&A’s online barometer.
Similar to the previous wave, 83% of people feel the country will be worse off economically in 2021; while just 6% believe the country will be better off (these results came just days before level three restrictions were imposed across the entire country).
The latest figures also show that there has been some decline in attitudes towards ability to save and purchasing intentions.
Attitudes towards the value of personal assets and personal income have remained relatively stable however.
Given these results, and as restrictions have since been upgraded to level 5, it is probable that consumers will become increasingly nervous as the virus continues to significantly impact across society.
All interviewing on this wave was conducted via B&A’s online barometer.
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