2009 Survey of Household Spending

Statistics Canada has released data from its 2009 Survey of Household Spending, and the numbers are getting a lot of play in the news.

“Average household spending in Canada declined 0.3% to $71,120 in 2009, following the economic slowdown that began in the fall of 2008. This was the first decline since the annual Survey of Household Spending was introduced in 1997.” – The Daily, Statistics Canada

This decline is being reported by many media outlets. If you’re interested in reading more, here are a few, select links to stories:

http://www.ctv.ca/CTVNews/TopStories/20101217/decline-in-household-spending-101217/

http://www.cbc.ca/consumer/story/2010/12/17/con-household-spending.html

http://www.canadianbusinessjournal.ca/business_news/canadian_business_news/17_12_household_spending_receded_in_2009_10.html

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