Retail Sales

Consumer spending is an integral part of the economy.  Usually retail sales constitute about 50-70 per cent of an economy.  Alberta, with its high level of capital investment, generally would rely less on consumer spending. That said, Albertans are still the highest per capita consumers in Canada, with an appetite for big trucks and dining out.  At least up until the current recession.

As would be expected consumer spending has softened over the past couple of years.

Canada spends, Alberta doesn’t21-4-17 EJ

alberta-consumer-spending-wanes-late-in-201621-1-17-ej

alberta-retail-may-see-merrier-season1-11-16-ej

Alberta consumer spending down 2.9 per cent in second quarter of 201621-7-16 EJ

cansim-0800020-eng-7971788073361035854_1673_image001

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s