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.

Latest Alberta Activity Index (to February 2017)

Posted May 2, 2017


The Alberta Activity Index continues to indicate that the Alberta economy is exiting recession. Activity increased by a healthy 1.3% in February. Of the 9 indicators that comprise the AAX, only average weekly earnings saw monthly declines. Housing starts and wholesale trade were the biggest drivers of growth in February. Since falling to its lowest point in May, the AAX has increased 5.9% and is up 2.4% from February 2016. For more information, refer to:

PDF format  April 2017 Economic Trends - InFocus: Introducing the Alberta Activity Index

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Data Table

Excel format  Alberta Activity Index Data Table (MS Excel) - January 1981 to February 2017

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Chart: Activity is ramping up in Alberta

Year-over-Year Change in the Alberta Activity Index and Real GDP

Year-over-year change in the Alberta Activity Index and Real GDP, to February 2017

* 2016 is from real GDP by industry

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If you have any questions about the AAX, please contact: Kailer Mullet, Manager, Economic Analysis, at 780-427-7391.

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Page last updated:  May 4, 2017