HouseholdSpend is commonly used to identify trade area purchase trends, spot cross promotional opportunities and identify category spending potential. This wide-ranging database provides current estimates of annual expenditures for almost 500 variables, spanning 18 categories of goods and services used by Canadian households. HouseholdSpend enables users to analyze potential expenditures by both average dollars per household and total dollars spent for any geographic level, from all of Canada to a small trade area. It is produced using data from DemoStats, PRIZM and the Survey of Household Spending administered by Statistics Canada. It is also aligned to control totals from the Canadian System of National Accounts and Statistics Canada.
Below you will find a short video that covers product details, sources, methodology, applications and key questions about this product. Watching this video will provide you with an overview of the product and give you some ideas for how it can be used in your own work.
Following the video, there are some additional resources linked for your reference: release notes, variable list, metadata, and technical document.
Please note that the video contains information on both FoodSpend and HouseholdSpend. If you are only interested in HouseholdSpend, we recommend you watch 0:11 - 2:06.