Jun. 3rd, 2006

theducks: (Alex Mountie)
So as I'm sure all my Toronto area LJers remember, there was a transit strike in Toronto recently..

In terms of Frinkanomics.. http://www.cbc.ca/story/business/national/2006/06/02/moneris-transit.html

"Transactions at health services providers, which includes hospitals, doctors, optometrists, dentists and chiropractors, were off by 22 per cent. Specialty retailers, such as florists, book stores, shoe stores and sporting goods stores, among others, also experienced a decline of 20 per cent in spending volume.

The winners on the day were movie theatres with an increase of 32 per cent. Parking lots also saw card spending rise 15 per cent during the disruption, and restaurants were up seven per cent."

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