Monthly Alberta Activity Index

The Alberta Activity Index (AAX) closely tracks economic activity using a weighted average of 9 monthly indicators.

Latest Alberta Activity Index

The following represents year-over-year changes in Alberta‚Äôs economy. The AAX was updated April 30, 2018 (to February 2018).

Activity setback

The Alberta Activity Index (AAX) eased in February. The AAX fell 0.5% to reach its lowest level since October. Household and business activity losses outweighed labour market and energy sector gains. The AAX has remained near the same level since mid-2017. As a result, year-over-year growth moderated to 2.5% from 4.2% the month before. Despite the setback, activity remains well above recessionary lows. The AAX has recovered about two-thirds of peak-to-trough losses.

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

Year-over-year change in Alberta Activity Index and Real GDP. Source: Alberta Treasury Board and Finance.
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 February 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
  • new truck sales
  • housing starts
  • rigs drilling
  • oil production

Sign up for updates

Subscribe to get our economic publications by email

Contact

Kailer Mullet, Manager, Economic Analysis
Alberta Treasury Board and Finance

Phone: 780-427-7391
Toll-free in Alberta: 310-0000 before the phone number
Email: kailer.mullet@gov.ab.ca