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Daily Stats
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November 25, 2014

In Canada September 2014 retail sales (seasonally adjusted) increased 0.8% from August 2014 to $42.8 billion and increased 4.5% over September 2013. On a year-to-date basis, retail sales increased 4.7% over Jan-Sep 2013 to $377.6 billion.

In Nova Scotia September 2014, retail sales (seasonally adjusted) was virtually unchanged (-$0.6 million) from August 2014 at $1.18 billion and increased 1.9% over September 2013. On a year-to-date basis, retail sales increased 2.5% over Jan-Sep 2013 to $10.4 billion.

Nova Scotia year-to-date unadjusted retail sales increased 2.7% ($273.2 million) in Jan-Sep 2014 over Jan-Sep 2013. Large declines were observed in Electronics and Appliance Stores down 12.1% (-$17.1 million) and Building Material and Garden Equip stores down 1.4% (-$7.3 million). The largest increases were in Gasoline stations up 7.8% ($90.4 million), Motor vehicle and parts dealers up 4.2% ($74.1 million) and General Merchandise up 7.0% ($58.1 million).

Canada and the Provinces
Alberta led the provinces in year-to-date (+8.4%) and in year-over-year (7.4%). Manitoba led in month-over-month (+1.2%) retail sales. Nova Scotia ranked 10th in year-to-date (+2.5%) growth, 10th in year-over-year(+1.9%), and 9th in month-over-month (0.0%) retail sales.

Statistics Canada Cat. No. 63-005-X
CANSIM 080-0020
Summary Tables S.A. Monthly; U.A. Annual

November 25, 2014

Seasonally-adjusted operating profits for Canadian corporations increased 3.7 per cent in the 3rd quarter to $90.2 billion, this follows a 1.5 per cent percent increase in the second quarter of 2014. Profits rose in 13 out of 22 industries with increases for both financial and non-financial firms. Compared to a year earlier, operating profits are 8.8 per cent higher.
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November 25, 2014

Seasonally-adjusted US profits from current production (including inventory valuation and capital consumption adjustments) increased $43.83 billion in the 3rd quarter 2014 following an increase of $164.1 billion in the second quarter. Financial corporations saw an increase of $20.3 billion and non-financial corporations were up $22.5 billion.

Source: US Bureau of Economic Analysis

November 24, 2014

The trade data in the national economic accounts represent total, international, interprovincial trade in goods and services. From these data one can derive net trade, which is the difference between exports and imports. At the higher levels of market aggregation, Nova Scotia usually reports more goods and services imports than exports. With rare exception, the trade balance is a trade deficit. At lower commodity and/or industry classification, there is a greater mix of trade activity with greater possibility of positive trade balances in some area, but these disaggregates are outside the scope of this analysis.
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November 21, 2014

NOVA SCOTIA In Nova Scotia October 2014, the consumer price index (2002=100) decreased 0.1% from September 2014 to 129.4 and increased 2.1% over October 2013. The CPI, excluding food and energy, increased 0.3% from September 2014 to 119.6, and increased 2.0% over October 2013. CANADA In Canada October 2014, the consumer price index (2002=100) increased 0.1% from August 2014 to 125.9 and increased 2.4% over October 2013.
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Recent PublicationsLabour Market Monthly
Consumer Price Index
Nova Scotia Economic Indicators - August 2013
Current Economic Environment
Indicators of Prosperity - 2012

Statistics at a Glance(Mouse over items for details)
Building Permits +20.9%
Consumer Price Index +2.0%
CPI (Annual) +1.2%
Debt: GDP 34.8%
Deficit/Surplus: GDP D: 0.5%
Employment Growth -0.2%
Employment Level 446.3
Exports (Domestic) -14.7%
GDP (millions, 2012) 38397
GDP Growth (2012) -0.1%
Income (per capita) $33,934
Manufacturing Shipments 5.0%
Non-res. Investment -6.2%
Population July 1, 2013 940,789
Res. Investment -17.6%
Retail sales +1.6%
Unemployment Rate 8.6%
Wholesale Trade +2.0%

Orange ClockFor More Information

Thomas Storring
Director of Economics/Statistics
Tel: 902-424-2410