Community Dashboard: Retail sales ($ millions)
Current
$5939.43
Previous
$5557.77
Preferred trend
Increase
Reporting date
Dec. 31, 2021
Rationale and analysis
Why this measurement is important
Retail sales figures are vital to gauging the overall economic health of the Region, particularly given the consumer-led sectors in the Region, such as tourism, accommodation and food services and retail trade.
How we measure this data
As overseen by the Conference Board of Canada; measured in millions of dollars.
Progress and advancements
Retail sales increased from $5,557.8 million in 2020 to $5,939.4 million in 2021.
About this indicator
Retail sales include the purchases of finished goods and services by consumers and businesses. These goods and services have made it to the end of the supply chain. The chain starts with the goods producer or provider and ends with the retailer. The beginning of the supply chain includes commodities and other raw materials.