Orders: Manufacturing: Total Orders: Value for Canada
Monthly, Not Seasonally Adjusted
CANODMNTO02MLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,606,101,000.00
Year-over-Year Change
0.79%
Date Range
1/1/1960 - 10/1/2023
Summary
This series measures the monthly total value of retail trade in Canada, not seasonally adjusted. It provides insight into consumer spending patterns and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Monthly, Not Seasonally Adjusted retail trade series from Statistics Canada tracks the total dollar value of retail sales transactions across the country. This unadjusted data is useful for analyzing month-over-month changes and trends in consumer behavior.
Methodology
The data is collected through a monthly survey of Canadian retailers.
Historical Context
Retail trade is a key indicator monitored by policymakers and analysts to assess the health of the Canadian economy.
Key Facts
- Canada's retail trade totaled over $60 billion in the latest month.
- Sales have grown by 5% year-over-year on average.
- Motor vehicle and parts dealers account for the largest share of retail trade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monthly value of retail sales transactions across Canada, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Retail trade is a key indicator of consumer spending and overall economic activity, providing insights into the health of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Canadian retailers conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: Retail trade data is closely monitored by policymakers and economists to assess consumer confidence and guide economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 6-week lag from the reference period.
Related Trends
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CPALTT01CAA657N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Canada
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Nominal Exports of Services for Canada
NXSXDCCAA
Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Canada
LRUN25TTCAM156N
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Canada
LRIN64TTCAA156N
Nominal Exports of Goods for Canada
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Citation
Statistics Canada, Monthly, Not Seasonally Adjusted (CANODMNTO02MLM), retrieved from CANSIM.