This industry profile provides a five-year forecast for Canada’s Retail Trade Industry.
Canada’s Retail Trade Industry: Industrial Profile Autumn 2011
Canada’s Retail Trade Industry: Industrial Profile Autumn 2011
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- Consumer Confidence—Waning consumer confidence is contributing to slowing retail sales growth.
- Retail Pricing—The prices of raw commodities and fuel, as well as labour costs (particularly in the manufacturing countries of Asia), are on the rise, setting the stage for a bump in retail costs and prices.
- Interest Rates—The low-interest-rate environment could support consumer spending growth, although debt burdens are already high.
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