Retail Sales

Originally posted 21 July 2016

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.

Alberta credit card spending climbs19-4-18 EJ

Province sees uptick in food and alcohol purchases19-10-17 EJ

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

This entry was posted in Retail sales on by .

About albertarecessionwatch

Former Director, Institute for Public Economics, University of Alberta and currently Fellow of the Institute. Former executive with Alberta Treasury Branches. Worked for the Alberta government for 12 years with Federal and Intergovernmental Affairs and Alberta Treasury. Areas of focus: financial institutions legislation and policy, government borrowing, and relations with credit rating agencies. Ph.D in Political Science (Uof A), Masters of Public Administration and BComm. (Carleton University). Author of Politics and Public Debt: The Dominion, the Banks and Alberta's Social Credit. Presently working on study of Alberta provincial agency board appointments.

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