Latest Alberta Activity Index

The AAX was updated on October 31, 2018 to include August 2018 data.

Activity resumes growth

  • The Alberta Activity Index (AAX) rebounded in August after posting back-to-back declines in previous months.
  • The AAX increased 1.0% month-over-month, as seven out of nine indicators recorded monthly gains.
  • The broad-based rebound in activity was led by employment and new truck sales, which accounted for two-thirds of the monthly growth. There was also a pick up in the household sector, while the energy sector was basically unchanged.
  • With the monthly increase, the year-over-year growth accelerated from 2.3% in June to 3.9% in August, which partially reflects a dip last year.

Chart: Year-over-year change in Alberta Activity Index and Real GDP
(to August 2018)

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

Alberta Activity Index - data table

The following file is available in the Open Government Portal:

Download: Alberta Activity Index Data Table (January 1981 to August 2018) (Excel, 26 KB)

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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Wade Tymchak, Economic Forecasting and Analysis
Alberta Treasury Board and Finance
Phone: 780-415-0825
Toll free: 310-0000 before the phone number (in Alberta)