06-28-2006, 10:39 AM
Cdns. spending more on entertainment: StatsCan
Updated Tue. Jun. 27 2006 10:03 AM ET
Canadian Press
OTTAWA -- A new study suggests Canadian households have been devoting more and more of their budgets to four key entertainment services outside the home, but the amount they spend on such services is still less than 0.5 per cent of overall household spending.
Households spent $3.2 billion in 2003 attending movies, performing arts, and spectator sports events and visiting heritage institutions, up 41 per cent from 1998.
On average, each household spent $273 on these entertainment services outside the home.
For every dollar of this amount, they spent just under 40 cents on movies, 31 cents on live performing arts, 17 cents on sports and 13 cents on heritage institutions.
The $273 that the average household spent on these entertainment services in 2003 represented a sharp 31 per cent increase from 1998, well above the overall 19 per cent increase in the average household's spending on all goods and services.
Average spending on live sports events increased 44 per cent between 1998 and 2003, the fastest growth rate among the four services, while growth was slowest for heritage institutions.
The study found entertainment spending was lowest in Atlantic Canada, where the average household spent $189 in 2003, and it was highest in Ontario, where households spent $326 on entertainment services outside the home.
Updated Tue. Jun. 27 2006 10:03 AM ET
Canadian Press
OTTAWA -- A new study suggests Canadian households have been devoting more and more of their budgets to four key entertainment services outside the home, but the amount they spend on such services is still less than 0.5 per cent of overall household spending.
Households spent $3.2 billion in 2003 attending movies, performing arts, and spectator sports events and visiting heritage institutions, up 41 per cent from 1998.
On average, each household spent $273 on these entertainment services outside the home.
For every dollar of this amount, they spent just under 40 cents on movies, 31 cents on live performing arts, 17 cents on sports and 13 cents on heritage institutions.
The $273 that the average household spent on these entertainment services in 2003 represented a sharp 31 per cent increase from 1998, well above the overall 19 per cent increase in the average household's spending on all goods and services.
Average spending on live sports events increased 44 per cent between 1998 and 2003, the fastest growth rate among the four services, while growth was slowest for heritage institutions.
The study found entertainment spending was lowest in Atlantic Canada, where the average household spent $189 in 2003, and it was highest in Ontario, where households spent $326 on entertainment services outside the home.