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Economic

1,000-Word Chart: Total Retail Sales in Canada Monthly

Alex Carrick
1,000-Word Chart: Total Retail Sales in Canada Monthly

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling ‘shorthand’ visualizations.

Whichever path is followed, the point of the journey, almost always, is to reach a bottom line or two.

To provide additional value, ConstructConnect is now pleased to offer an ongoing series of 1,000-word charts.

These will help readers sort out the ‘big picture’ more clearly.

This 1,000-word chart looks at total retail sales in Canada as of December, 2020.

For more charts on Canadian Retail Sales, please visit the CanaData Forecaster Retail Sales web page.

Total Retail Sales Canada Monthly
Canadian 'total retail' sales in Dec 2020 were +3.3% y/y, but -3.4% m/m. Excluding gas station sales, they were +5.5% y/y, but -3.7% m/m.
Latest data points are for December, 2020.
Data is seasonally adjusted. Also, figures are in ‘current’ $s (i.e., no account has been taken for inflation).
Data source: Statistics Canada Table 20-10-0078-01.
Chart: ConstructConnect.

Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985. Links to his numerous articles are featured on Twitter @ConstructConnx, which has 50,000 followers.

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