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Consumer Business economic update

Volume 5: March 2014

Consumer Business
Consumer Business

The fifth edition of Deloitte’s Consumer Business economic update for Canada provides a snapshot of key business indicators across the retail, consumer packaged goods (CPG) and travel, hospitality and leisure (THL) sectors.

The newsletter also aggregates search-related data for online travel, products and shopping with social media trends and analyst sentiment.


Economic indicators
  • The Canadian economy continues to show strong signs of a recovery, posting a second consecutive quarter of 2.8% GDP growth.
Retail trends
  • For the first time in six quarters, same store sales growth rates improved versus the latest quarter across Canada’s largest retailers.
Travel, hospitality and leisure trends
  • The THL sector saw across the board growth in hotel, tourism and food service sub-sectors.
Consumer packaged goods
  • The CPG sector is experiencing strong growth in the food and beverage category, while household supplies and health and personal care products lag.
Social media
  •  Classified ads website “kijiji” takes the number one spot, while “walmart” surpasses “netflix” into the number two spot.

Read the full Consumer Business economic report to gain more interesting insights. For more information, please contact our team.

Contacts:

Ryan Brain
National Consumer Business Leader

 

Adam Brown
Financial Advisory, Consumer Business Practice Leader

 

Brent Houlden
National Retail Sector Leader

 

Karen Werger
Professional & Business Services Sector Leader

 

Jim Kilpatrick
National Consumer Products & Food Sector Leader

 

Joanna Gibbons
Financial Advisory, Food and Beverage Leader
Lorrie King
National THL Sector Leader