ALBERTA ECONOMIC OUTLOOK - ATB Financial · 2019. 10. 24. · Alberta Average Weekly Earnings %...
10
Prepared by ATB Financial, Economics & Research January 2016 ALBERTA ECONOMIC OUTLOOK Q1 2016
Transcript of ALBERTA ECONOMIC OUTLOOK - ATB Financial · 2019. 10. 24. · Alberta Average Weekly Earnings %...
Prepared by ATB Financial, Economics & Research
January 2016
ALBERTA ECONOMIC
OUTLOOK Q1 2016
-1.0 -0.5 1.6 2.0
0.9 1.3 1.4 1.5
6.0 7.2 6.3 5.9
1.2 -0.3 1.8 1.1
4.195 4.248 4.303 4.364
0
100
200
300
400
500
600
700
Sep'12 Sep'13 Sep'14 Sep'15
Alberta Canola and Wheat Prices
Source: Statistics Canada, CANSIM table 002-0043
$p
er m
etr
ic t
on
ne canola
wheat
0
20
40
60
80
100
120
140
160
180
200
Nov'11 Nov'12 Nov'13 Nov'14 Nov'15
Livestock Prices, Alberta
dolla
rs p
er h
undr
edw
eigh
t
Source: Statistics Canada CANSIM table 002-0043
cattle
hogs
0
50
100
150
200
250
300
350
400
450
500
Dec'07 Dec'09 Dec'11 Dec'13 Dec'15
North American Lumber Prices*
Source: Random Lengths* - composite price is a weighted average of 15 key framing lumber prices
S p
er t
ho
usa
ndb
oar
d fe
et
priced in $C
priced in $US
0
200
400
600
800
1000
1200
1400
Nov'12 Nov'13 Nov'14 Nov'15
Total Building Permits in Alberta
$ m
illio
ns,
sea
son
ally
ad
just
ed
Source: Statistics Canada, The Daily, Jan. 8, 2016 and CANSIM table 026-0006
residential
non-residential
-20
-15
-10
-5
0
5
10
15
20
25
Dec'13 Dec'14 Dec'15
Change in Employment in Alberta
Source: Statistics Canada, The Daily, Jan. 8, 2016 and CANSIM table 282-0087
00
0s
(se
aso
nal
ly a
dju
ste
d)
0
10
20
30
40
50
60
Dec'12 Dec'13 Dec'14 Dec'15
Alberta Housing Starts
000s
, al
l are
as,S
.A.A
.R.
Source: CMHC, Jan. 11, 2016 and Statistics Canada CANSIM table 027-0054
ave: 201440,539 ave: 2015
37,528
(3.0)
(2.0)
(1.0)
-
1.0
2.0
3.0
4.0
5.0
6.0
Oct'13 Oct'14 Oct'15
Alberta Average Weekly Earnings % Change
an
nua
l% c
han
ge
Source: Statistics Canada, The Daily, Dec. 22, 2015 and CANSIM table 281-0063
12-month
ave: 0.9%
5.0
5.2
5.4
5.6
5.8
6.0
6.2
6.4
6.6
6.8
Oct'13 Oct'14 Oct'15
Alberta Retail Sales
$ b
illio
ns (s
easo
nally
adj
uste
d)
Source: Statistics Canada, The Daily, Dec. 23, 2015 and CANSIM table 080-0020
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
Oct'13 Oct'14 Oct'15
Alberta Wholesale Trade
Source: Statistics Canada, The Daily, Dec. 18, 2015 and CANSIM table 081-0011
$ b
illi
ons
(se
aso
nally
adj
uste
d)
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
Oct'13 Oct'14 Oct'15
Alberta Manufacturing Shipments
$b
illi
on
s (s
ea
son
all
y a
dju
ste
d)
Source: Statistics Canada, The Daily, Dec. 15, 2015, and CANSIM table 304-0015
-4,000
-2,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Q3'08 Q3'09 Q3'10 Q3'11 Q3'12 Q3'13 Q3'14 Q3'15
Net Interprovincial Migration to/from Alberta
ne
t in
terp
rov.
mig
ran
ts
Source: Statistics Canada, The Daily, Dec. 16, 2015 and CANSIM table 051-0017
