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Consumer Business Economic Update

Volume 6: June 2014

Consumer Business
Consumer Business

The sixth 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
  • Growth of the Canadian economy slowed down slightly in Q1 2014, with real GDP growth of 1.2%.
Retail trends
  • Same store sales growth rates were slightly lower compared to the same quarter in the previous year.
Travel, hospitality and leisure trends
  • The THL sector saw growth in the Hotel and Food Service sub-sectors, but posted a decline in Travel.
Consumer packaged goods
  • The CPG sector experienced growth in Health and Personal Care Products, while Food and Beverage and Household Supplies declined.
Social media
  •  Classified ads website Kijiji and Netflix, the U.S. provider of on-demand Internet streaming media, remained on top of shopping searches with "kijiji" and "netflix" holding the top two spots.

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

 

Lorrie King
National THL Sector Leader

 

Jim Kilpatrick
National Consumer Products & Food Sector Leader

 

Joanna Gibbons
Financial Advisory, Food and Beverage Leader