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Toronto Economic Indicators, July 2010
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The Toronto Economic Indicators are produced on a monthly basis, by the City's Economic Development & Culture Department.  The statiscts shown include population, real estate space, the number of businesses and the average income.  Produced for two geographic areas, the City of Toronto and the Toronto region, the indicators provide a statistical snap shot of current economic conditions.
Indicators City of Toronto Toronto Region
Population (inter-censal estimates) 2,677,708 5,623,450
Land Area km2 630 5,903
Labour Force 1,487,960 3,191,860
Unemployment Rate (Annual average) 9.99% 9.44%
Office Space Ft2 128,404,587 179,451,795
Industrial Space Ft2 290,003,852 838,296,518
Retail Space Ft2 74,837,000 *161,966,000
Number of Businesses 83,000 174,000
Gross Domestic Product (in current $bil.) $138 $263
Retail Sales ($bil.) N/A $60.10
Per Capita Income $ $38,997 $38,100
Average Household Income $ $90,603 $95,812
Total Annual Building Permits - (ths.) $ 5,032,807 10,224,444
    Residential (ths.) 2,614,160 6,162,153
    Commercial (ths.) 1,763,723 2,594,304
    Industrial (ths.) 261,281 595,256
    Institutional (ths.) 393,643 872,731
Average Price of Standard Two Storey House $657,125 *398,020
Housing Starts 11,919 25,949

Source: City of Toronto Economic Indicators, June 2010. Census Metropolitan Area (CMA)
*Region is Greater Toronto Area
** Toronto Area
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