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Increased 1.8%
- Household spending rises but at slower pace than previous year In 2023, household spending increased 1.8%, following strong growth in 2022 (+5.5%). The increase in 2023 was driven by higher spending on services (+2.7%). Household spending on goods (+0.7%) was up slightly.
www150.statcan.gc.ca/n1/daily-quotidien/241107/dq241107a-eng.htmThe Daily — Provincial and territorial economic accounts, 2023
Feb 29, 2024 · The household saving rate was 5.5% in 2023, well above that observed before the pandemic. Household property income payments, comprised of mortgage and non-mortgage interest expenses, rose 1.6% in the fourth quarter, the slowest pace since the first quarter of 2022, when the Bank of Canada's series of policy rate increases began.
- Survey of Household Spending, 2023
In the 12-month period between [12 month reference period],...
- Survey of Household Spending, 2023
Oct 25, 2023 · Household expenditures edged up 0.1% in the second quarter of 2023, after advancing 1.2% in the first. Higher spending on new trucks, vans and sport utility vehicles supported the increase as supply chain disruptions eased.
Nov 7, 2024 · Household spending on goods (+0.7%) was up slightly. Among the provinces, Newfoundland and Labrador (+3.8%) had the highest growth in household spending in 2023, followed by Alberta (+3.3%). Population growth outpaced the rise in household spending in all provinces and territories except for Newfoundland and Labrador and Nunavut.
- Description
- Data Sources and Methodology
- Data Accuracy
- Documentation
The SHS primarily collects detailed information on household expenditures. It also collects information about the annual income of household members (from personal income tax data), demographic characteristics of the household, dwelling characteristics (e.g., type, age and tenure) and household equipment (e.g., electronics and communications equipm...
Target population
The target population is the population of Canada's 10 provinces, as well as the territorial capitals of Whitehorse, Yellowknife and Iqaluit, excluding residents of institutions, members of the Canadian Forces living in military camps and people living on Indian reserves. In all, these exclusions account for about 2% of the population. For operational reasons, people living in some remote areas where the rate of vacant dwellings is very high and where the collection cost would be exorbitant,...
Instrument design
Since 2010 in the provinces and 2015 in the three territorial capitals, the SHS data have been collected using both a questionnaire and an expenditure diary. The questionnaire is generally used to collect expenditures for more expensive, and less frequently purchased goods and services. The diary is used to collect expenditures for smaller, less valuable items and those purchased more frequently. These expenditures may be more difficult to recall. When this new collection model was introduced...
Sampling
This is a sample survey with a cross-sectional design. Sampling unit: For SHS 2021, in the 10 provinces, the final sample was obtained from two distinct sampling designs. For the first sampling design (which is a two-stage design), the sampling unit at the first stage is the geographical area (called a cluster). In the second stage, the sampling unit is the dwelling. For the second sampling design, the sampling unit is directly the dwelling. In the three territorial capitals, the sampling uni...
The standard error is a common measure of sampling error. It is the degree of variation in the estimates due to the selection of one particular sample rather than another. The standard errors for the SHS are estimated using the bootstrap method. The coefficient of variation (CV) is the standard error expressed as a percentage of the estimate. SHS C...
Household Expenditures Research Paper Series - User Guide for the Survey of Household Spending This report describes the quality indicators produced for the Survey of Household Spending. These qual...
In the 12-month period between [12 month reference period], how much did [you/your household] spend on the following household appliances? Include built-in appliances. Refrigerators and freezers
Nov 21, 2023 · Compared to before the pandemic, inflation-adjusted household disposable income has risen by 8 per cent—driven by a 10-per-cent increase in wage income—and inflation-adjusted wealth has increased by 14 per cent.
People also ask
How did household expenditures perform in the second quarter of 2023?
What is the sample size for the 2023 survey of household spending?
How did the housing market perform in 2023?
How did population growth affect household spending in 2023?
How much did government spending increase in 2023 compared to 2022?
What was the household saving rate in 2023?
The sample for the 2023 Survey of Household Spending consists of 45,630 dwellings across the 10 provinces and 2,730 dwellings across the three territorial capitals. Since data are collected monthly, the sample is divided into 12 sub-samples of similar size.
