Current issue date

The Alberta Activity Index was updated on January 7, 2020 to include October 2019 data.

Alberta Activity Index

Activity stabilizing

  • Activity in the province continues to holds steady after retracing some of the gains made earlier in 2019.
  • The Alberta Activity Index (AAX) was essentially unchanged in October 2019. The stabilization of activity came as modest growth in the labour market and uplift in general business activity were by offset a contraction in energy sector activity. Meanwhile, household activity was steady.
  • Compared to a year ago, the AAX remained down 0.6%, as energy and general business activity were down from 12 months ago.
  • Nonetheless, the AAX remained up 2.0% from the February low.

Chart: Year-over-year change in Alberta Activity Index and real GDP
(to October 2019)
 

Alberta activity index and real GDP
Source: Alberta Treasury Board and Finance

Data table

The following file is available in the Open Government Portal:

About the Alberta Activity Index

Developed by Alberta Treasury Board and Finance, the Alberta Activity Index (AAX) is a weighted average of 9 monthly indicators:

  • employment
  • average weekly earnings
  • retail trade
  • wholesale trade
  • manufacturing shipments
  • new truck sales
  • housing starts
  • rigs drilling
  • oil production

For more information on the AAX, please see the Introducing the Alberta Activity Index inFocus from the April 2017 Economic Trends (PDF, 281 KB).

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Contact

Daniel Letcher, Economist
Alberta Treasury Board and Finance
Phone: 780-415-8845
Toll free: 310-0000 before the phone number (in Alberta)
Email: daniel.letcher@gov.ab.ca