Retail sales in Canada fell two per cent in April, surprising economists, who had been a 0.4 per cent decline, and erasing all the gains from previous, recent months.  In the summation of one economist, “There have been recent rumblings that Canada’s previously impressive domestic spending revival was losing steam, and the sharp drop in April retail sales is the loudest warning yet.”  The Vancouver Sun Jun. 24, 2010

 

Widespread declines in all sectors pushed retail sales down 5.4 per cent in December to $33 billion.  Sectors traditionally associated with holiday shopping, such as sales at clothing and accessories stores, fell 3.7 per cent, continuing several months of declines.  The Canadian Press on Google News Feb. 23, 2009

© 2012 Pitch and Ship Suffusion theme by Sayontan Sinha