{"id":10087,"date":"2025-03-03T12:32:44","date_gmt":"2025-03-03T17:32:44","guid":{"rendered":"https:\/\/www.cqcd.org\/?post_type=blog_article&p=10087"},"modified":"2025-03-03T14:49:20","modified_gmt":"2025-03-03T19:49:20","slug":"consumer-confidence-falling-but-support-for-local-rising","status":"publish","type":"blog_article","link":"https:\/\/www.cqcd.org\/en\/blog\/consumer-confidence-falling-but-support-for-local-rising\/","title":{"rendered":"Consumer Confidence Drops, But Local Support Rises"},"content":{"rendered":" \n\n\n\n\n\n\n\n\n\n\n\n\n\n
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\n CQCD Barometer 2025\n <\/div>\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n
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Montreal, February 28, 2025<\/strong> \u2014 The latest Barometer from the Retail Council of Quebec (RCQ), powered by ORAMA Marketing, highlights the impact of the current political climate on Quebec consumers.<\/p>\n

Quebecers’ confidence in the economy has seen a dramatic decline, unmatched since the onset of the pandemic in 2020. According to the latest data, nearly eight out of ten Quebecers (79 %) express growing concerns, a 5 % increase in just three months.<\/p>\n

Already, 51 % of Quebecers rate their financial situation as mediocre. Adding to this challenging economic context, 20 % of households fear a worsening of their financial situation within the next three months, a 6 % increase.<\/p>\n\n<\/div>\n <\/div>\n <\/main>\n <\/div>\n <\/div>\n<\/section>\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n

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\n Impact of Potential U.S. Tariffs\n <\/h2>\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n
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Current trade tensions are amplifying economic worries. More than half of Quebecers (55 %) expect the provincial economic situation to worsen over the next year, a significant 19 % increase. Additionally, 47 % of respondents anticipate a recession in 2025, up 9% from last October.<\/p>\n

In this context, the majority of consumers (74 %) expect a significant increase in consumer prices over the next 12 months, a steep 21 % rise.<\/p>\n\n<\/div>\n <\/div>\n <\/main>\n <\/div>\n <\/div>\n<\/section>\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n

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\n Sustained Growth in Online Shopping\n <\/h2>\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n
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Online shopping continues to gain popularity. Over the past month, it has increased slightly across all product categories except for food and pharmacy items, which remained stable.<\/p>\n

Amazon dominated the online retail landscape in Quebec over the past six months, with 81 % of consumers making purchases on the platform. Among them, 42 % shop there at least once a month, and 12 % purchase products weekly.<\/p>\n

Chinese platforms are also gaining ground, with Temu (21%), Shein (16%), and Alibaba (7 %) among consumer choices. The main factors driving these purchases are low prices (80%) and the variety of products offered (57 %).<\/p>\n

However, online purchase intentions for the next three months show a notable 7 % decline.<\/p>\n\n<\/div>\n <\/div>\n <\/main>\n <\/div>\n <\/div>\n<\/section>\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n

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\n A Wave of Patriotism Boosts Local Commerce\n <\/h2>\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n
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Despite the appeal of international platforms, Quebecers are increasingly prioritizing local commerce. Compared to January 2024, there has been a significant rise in interest in Quebec-made products across all categories, including consumer goods (+ 8%), fashion goods (+ 8%), and durable goods (+ 11%).<\/p>\n

Consumers cite various reasons for this enthusiasm, such as supporting the local economy (+ 8%) and feeling a sense of pride when buying locally (+6%).<\/p>\n

Additionally, a third of Quebecers (34 %) can now easily identify the Quebec origin of a non-food product, an 11 % increase in one year.<\/p>\n

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These trends reveal a rapidly evolving economic landscape, marked by uncertainties but also by a growing desire to support the local economy. The RCQ will continue to closely monitor these developments and support Quebec retailers through this transformative period.<\/p>\n

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To access the full study, become a member of the RCQ!<\/strong><\/p>\n\n<\/div>\n \n\n\n\n\n\n\n\n\n\n\n\n \n

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\n About the Retail Council of Quebec\n <\/h2>\n <\/div>\n
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The RCQ is an association representing the vast majority of retail and distribution businesses in Quebec, making it a key stakeholder in the industry. For all sector-related issues, the RCQ adopts a “solution-oriented” approach, contributing to government discussions, strategies, and decision-making.<\/p>\n\n<\/div>\n <\/div>\n <\/main>\n <\/div>\n <\/div>\n<\/section>\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n

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\n About ORAMA Marketing\n <\/h2>\n <\/div>\n
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ORAMA Marketing Inc. provides survey solutions, market research, and strategic consulting services. With extensive expertise in consumer behavior, customer characteristics, and market trends, we conduct the CQCD-ORAMA Barometer six times a year. This business intelligence tool helps Quebec retailers gain greater clarity on these key topics.<\/p>\n\n<\/div>\n <\/div>\n <\/main>\n <\/div>\n <\/div>\n<\/section>\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n

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\u2010 30 \u2010<\/p>\n

Source :<\/strong> Retail council of Quebec<\/p>\n

Contact information :<\/strong><\/p>\n

Genevi\u00e8ve Duval<\/p>\n

Director of Communications and Media Relations<\/p>\n

gduval@cqcd.org<\/a><\/p>\n

514-665-6688<\/p>\n\n<\/div>\n <\/div>\n <\/main>\n <\/div>\n <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The latest Barometer from the Retail Council of Quebec (RCQ), powered by ORAMA Marketing, highlights the impact of the current political climate on Quebec consumers.<\/p>\n

Quebecers’ confidence in the economy has seen a dramatic decline, unmatched since the onset of the pandemic in 2020. According to the latest data, nearly eight out of ten Quebecers (79 %) express growing concerns, a 5 % increase in just three months.<\/p>\n","protected":false},"featured_media":10094,"template":"","article_category":[102,105,107,108],"class_list":["post-10087","blog_article","type-blog_article","status-publish","has-post-thumbnail","hentry","article_category-retail-en","article_category-rcq-news","article_category-studies-and-surveys","article_category-press-release"],"acf":[],"yoast_head":"\nConsumer Confidence Drops, But Local Support Rises - Conseil qu\u00e9b\u00e9cois du commerce de d\u00e9tail<\/title>\n<meta name=\"description\" content=\"Discover the latest data from the RCQ Barometer on local purchasing vs. large foreign online platforms.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cqcd.org\/en\/blog\/consumer-confidence-falling-but-support-for-local-rising\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"La confiance des consommateurs en chute, mais le soutien au local en hausse\" \/>\n<meta property=\"og:description\" content=\"D\u00e9couvrez les derni\u00e8res donn\u00e9es du Barom\u00e8tre du CQCD sur l'achat local vs les grandes plateformes \u00e9trang\u00e8res.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cqcd.org\/en\/blog\/consumer-confidence-falling-but-support-for-local-rising\/\" \/>\n<meta property=\"og:site_name\" content=\"Conseil qu\u00e9b\u00e9cois du commerce de d\u00e9tail\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-03T19:49:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cqcd.org\/wp-content\/uploads\/2025\/03\/Blogue-CQCD-1200x630-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cqcd.org\/en\/blog\/consumer-confidence-falling-but-support-for-local-rising\/\",\"url\":\"https:\/\/www.cqcd.org\/en\/blog\/consumer-confidence-falling-but-support-for-local-rising\/\",\"name\":\"Consumer Confidence Drops, But Local Support Rises - 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