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)
Source: Alberta Treasury Board and Finance
Data table
The following file is available in the Open Government Portal:
- Alberta Activity Index Data Table (January 1981 to February 2019)
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