Alberta Activity Index (Monthly)
Developed by Alberta Treasury Board and Finance, the Alberta Activity Index (AAX) tracks economic activity closely. It is a weighted average of nine monthly indicators (employment, average weekly earnings, retail trade, wholesale trade, manufacturing, new truck sales, housing starts, rigs drilling, and oil production). The information on this page will be updated monthly.
Posted July 4, 2017
The Alberta Activity Index (AAX) continues to indicate that the provincial economy is exiting recession. Alberta economic activity remained elevated in April after jumping 1.9% the month before. The AAX has climbed 7.6% since bottoming out in May of last year, recouping about half of recession peak-to-trough losses. The AAX was up 4.7% from April of last year, mainly as a result of increased business and household activity. Sustained gains in business activity began to translate into a healthier labour market, which contributed positively to year-over-year growth for the first time since the recovery began.
For an introduction to the AAX, please refer to:
April 2017 Economic Trends - InFocus: Introducing the Alberta Activity Index
Alberta Activity Index Data Table (MS Excel) - January 1981 to April 2017
Year-over-Year Change in the Alberta Activity Index and Real GDP (January 1997 to April 2017)
* 2016 is from real GDP by industry
If you have any questions about the AAX, please contact: Kailer Mullet, Manager, Economic Analysis, at 780-427-7391.