Current issue date

The Alberta Activity Index was updated on May 17, 2019 to include February 2019 data.

Alberta Activity Index

Activity slows

  • Activity in the province gave back gains made in the previous month.
  • The Alberta Activity Index (AAX) fell 0.9% month-over-month (m/m) in February, with lower levels of activity in 8 of the 9 underlying indicators.
  • The pullback was led by weakness in wholesale trade and housing starts, while employment managed to expand after 2 monthly declines.
  • On a year-over-year basis, the AAX was down 1.0%, the third consecutive month of year-over-year declines.
  • The AAX has moved lower as ongoing weakness in the household sector was joined by slowing activity in the business and energy sectors.

Chart: Year-over-year change in Alberta Activity Index and Real GDP
(to February 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

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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