Canadian Retail Sales December 2008Well how bad actually is this?
The change from December 2007 to December 2008 looks like noise (there is the question of whether we are looking at a different number of days, as I have heard may be the case for some such year-to-year comparisons).
I do not know the variability of the base numbers but it is interesting to see that the sectors suffering relate to cars, indoor furniture, and gardening! I understand cars. Gardening? Perhaps that is from BC, where I do not think they had this year's winter storms last year.