The who, why and how of the Online Trend Chart …
A webspace for the sharing of comments and analyses relating
to Montréal’s economy.
Interactive graphs depicting the progress made in Montreal, Quebec,
and Canada since 1996 as measured by a series of indicators.
Instant access to the latest data on Montreal’s leading
indicators.
How Montreal fares against its Canadian and U.S. competitors. This
section is reserved for Board of Trade members only.
Recommended reading: studies, research projects and discussion
papers with summaries and background information. All to help you
keep a pulse on the Montreal economy.
Tertiary GDP
Make a comment on this indicator
Tertiary GDP (service
sector):
The graph of the tertiary
gross domestic product (GDP) shows the value created by the service
sector. This sector includes activities in the transport and
communication sectors, the wholesale and retail sales sectors, the
insurance, finance, and real estate sectors, the commercial and
non-commercial services sectors, and the public administration and
defence sectors.
The quarterly data provided by the Conference Board of Canada is
deseasonalized to eliminate the impact of seasonal variations and
make it possible to compare data throughout the year.
This data is also annualized. Annualizing quarterly data
(multiplying it by four) makes it possible to compare quarterly
performance with the annual result.
In addition, GDP figures are expressed in constant 2002 dollars.
This eliminates the fluctuations resulting from inflation and gives
us what is known as “real” data.
