RE:Canada…Solid Q1 GDP..3.1% …April up Too After two quarters of minimal growth, household spending rose for both goods (+1.5%) and services (+1.3%) in the first quarter of 2023.
Expenditures on durable goods (+3.3%) were driven by motor vehicles including new trucks, vans, and sport utility vehicles (+7.8%).
Spending on semi-durables (+4.3%) was led by garments (+4.5%), while spending on non-durable goods (-0.2%) declined slightly.