Alberta Activity Index (Monthly)
The Alberta Activity Index (AAX) closely tracks economic activity. Developed by Alberta Treasury Board and Finance, 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). A data file is also included in Excel format. The information on this page is updated monthly.
Posted December 21, 2017
Highlights: Activity holding steady
The Alberta Activity Index (AAX) continued to level off in October. After reaching a high point in May, the AAX lost ground over June and July before holding steady for three consecutive months. Results were mixed across the AAX indicators in October, but were skewed to the upside with notable strength in the labour market outweighing energy sector weakness. Despite flattening out for five months, the AAX continues to recover from depressed levels. The AAX is up 5.3% year-to-date on broad-based improvements and has recovered about two-thirds of recessionary losses.
Source: Alberta Treasury Board and Finance
Alberta Activity Index Data Table (MS Excel) - January 1981 to October 2017
If you have any questions about the AAX, please contact: Kailer Mullet, Manager, Economic Analysis, at 780-427-7391.