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Retail sector sales and selected socio-economic variables, Nova Scotia, 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

2,454

3,090

3,505

5.9

3.2

42.4

31.1

   Furniture

197

329

449

13.6

8.1

8.7

9.0

   Building materials

323

460

746

9.2

12.8

9.1

21.2

   Food

2,434

2,625

2,786

1.9

1.5

12.7

12.0

   Pharmacy

542

600

705

2.6

4.1

3.9

7.8

   Clothing

349

398

420

3.4

1.4

3.3

1.7

   General merchandise

854

1,029

1,211

4.8

4.2

11.7

13.6

   Miscellaneous

302

425

474

8.9

2.8

8.2

3.7

   Total

7,455

8,956

10,297

4.7

3.6

100.0

100.0

Socio-economic variables

   Population (thousands)

931

934

937

0.1

0.1

...

...

   Housing starts (units)

4,059

4,432

4,717

2.2

1.6

...

...

   Disposable income

14,811

17,526

19,980

4.3

3.3

...

...

   Savings rate (%)

5.8

2.3

-2.0

...

...

...

...

   Retail sales as a percentage
   of disposable income (%)

50.3

51.1

51.5

...

...

...

...

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