Date Published: September 4, 2018
Table 1: Services a growing share of the economy that covers many aspects of our daily lives | |||
Component | Examples | Share of Total GDP: 1998 | Share: 2018 YTD |
Services Total | 65.0 | 70.0 | |
Wholesale Trade | Farm product distributors, motor vehicle distributors, food distributors | 4.7 | 5.9 |
Retail Trade | Auto dealers, furniture stores, gas stations, sports stores | 4.6 | 5.5 |
Transportation and Warehousing | Airlines, trucking companies, taxis, oil pipelines, package delivery | 4.3 | 4.5 |
Information and Cultural Industries | Publishers, radio stations, TV stations, phone companies, web hosting | 2.7 | 3.0 |
Finance and Insurance | Banks, credit unions, brokers, insurance agents, investment funds | 6.2 | 7.0 |
Real Estate and Rental and Leasing | Real estate agents, care rental/leasing, landlords | 11.1 | 12.8 |
Professional, Scientific and Technical Services | Lawyers, advertising agencies, software firms, architects | 4.4 | 5.6 |
Management of Companies and Enterprises | -- | 0.6 | |
Administration & Support, Waste Mgmt & Remediation | Employment agencies, security services, travel agents, trash collection | 2.2 | 2.4 |
Education | Universities, Colleges | 5.6 | 5.2 |
Health Care and Social Assistance | Hospitals, ambulances, residential care facilities | 7.0 | 6.6 |
Arts, Entertainment and Recreation | Concerts, casinos, amusement parks, professional sports | 0.8 | 0.8 |
Accommodation and Food Services | Hotels, restaurants, bars | 2.3 | 2.2 |
Other Services (Ex Public Administration) | Repair services, professional associations | 1.8 | 1.9 |
Public Administration | Municipal government, military | 6.7 | 6.2 |
Shares are relative to overall GDP, including goods producing sectors. See footnote 1. Management of companies was not reported before 2007. | |||
Source: Statistics Canada, TD Economics |
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