Chart of the week: spending spree

Are Canadian consumers about to hit their breaking point?

Spending spreeReal consumer spending in Canada hit record highs while other major economies stalled. But with retail sales now softening, are Canadian consumers about to hit their breaking point?




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Chart of the week: spending spree

  1. Commodities are at all-time highs, and all market fundamentals show the trend continuing in perpetuity.

    Anyone who says this can't continue forever is a nattering nabob of negativity.

  2. Commodities are at all-time highs, and all market fundamentals show the trend continuing in perpetuity.

    Anyone who says this can't continue forever is a nattering nabob of negativity.

  3. Are Canadian consumers about to hit their breaking point? I don't know, the graph only goes back four years. Maybe if it went back 10 or 15 years I could answer the question.

  4. Are Canadian consumers about to hit their breaking point? I don't know, the graph only goes back four years. Maybe if it went back 10 or 15 years I could answer the question.

  5. The point of the graph is unclear, but the trend line is steep and the question about "breaking point" suggest we are about to collapse which is irresponsible without further context. We are up 10% in 4 years, or 2.5% per year which isn't staggering. At the same time the financial crises crushed many economies while we saw less impact, more important oil/resources, which saw large increases over the period, help our economy and our dollar has risen perhaps 20% over the period helping our purchasing power. So in that context it's not too alarming.

  6. The point of the graph is unclear, but the trend line is steep and the question about "breaking point" suggest we are about to collapse which is irresponsible without further context. We are up 10% in 4 years, or 2.5% per year which isn't staggering. At the same time the financial crises crushed many economies while we saw less impact, more important oil/resources, which saw large increases over the period, help our economy and our dollar has risen perhaps 20% over the period helping our purchasing power. So in that context it's not too alarming.

  7. Poor title and and what does the numbers represent? How is Canada so much higher than the rest of the leading countries? This graph seems inaccurate to me.

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