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Retail sector sales and selected socio-economic variables, Ontario, 1996, 2000 and 2004
1996 2000 2004 Compounded annual
growth rates
Contribution to provincial
retail sales growth
1996 to
2000
2000 to
2004
1996 to
2000
2000 to
2004
$ millions
(unless otherwise specified)
%
Retail trade

   Automotive

28,458

39,720

41,389

8.7

1.0

40.7

9.5

   Furniture

4,955

7,338

9,350

10.3

6.2

8.6

11.4

   Building materials

3,746

5,393

7,422

9.5

8.3

5.9

11.5

   Food

20,184

23,721

29,368

4.1

5.5

12.8

32.1

   Pharmacy

5,431

6,779

9,166

5.7

7.8

4.9

13.6

   Clothing

5,657

7,341

8,459

6.7

3.6

6.1

6.4

   General merchandise

10,957

14,905

16,950

8.0

3.3

14.3

11.6

   Miscellaneous

4,455

6,304

6,981

9.1

2.6

6.7

3.9

   Total

83,843

111,501

129,086

7.4

3.7

100.0

100.0

Socio-economic variables

   Population (thousands)

11,084

11,685

12,393

1.3

1.5

...

...

   Housing starts (units)

43,062

71,521

85,114

13.5

4.4

...

...

   Disposable income

210,778

265,316

301,825

5.9

3.3

...

...

   Savings rate (%)

8.9

7.6

1.9

...

...

...

...

   Retail sales as a percentage
   of disposable income (%)

39.8

42.0

42.8

...

...

...

...

... not applicable
Sources: Statistics Canada, Monthly Retail Trade Survey and Provincial and Territorial Economic Accounts.