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The Owl

ATB Financial’s economics team interprets the latest statistics on wages, employment, inflation, the oil and gas industry and other economic drivers in our province.


Manufacturing shipments reach highest level since 2014
July 17, 2018

Manufacturing shipments reach highest level since 2014

In another sign that the 2015-16 recession is behind us, shipments of manufactured goods from Alberta reached the highest total in about three and a half years.

Job vacancy rates in Alberta
July 16, 2018

Job vacancy rates in Alberta

In the first quarter of this year, 2.6 per cent of the jobs in the province were waiting for a qualified candidate. That compares with 2.0 per cent at the beginning of 2016 and 2.2 per cent at the beginning of 2017.

Lumber prices smashing records
July 13, 2018

Lumber prices smashing records

In July, the composite price of framing lumber in North America hit US$564 per thousand board feet. That’s the highest price on record and more than double the price at the start of the decade.

Housing starts held steady in first half of 2018
July 12, 2018

Housing starts held steady in first half of 2018

Housing starts were stable in the first half of 2018. The average between January and June was just under 28,000 homes (annualized rate)—almost the same average seen over the last 3 years, which included 2 years of recession.

Albertans’ online spending habits: Part Two
July 11, 2018

Albertans’ online spending habits: Part Two

Online book stores were the most popular place to spend money online in the last year. The share of people who made a purchase on Amazon was virtually equal between the groups aged 25 to 34 (50 per cent) and 35 to 44 (51 per cent).

Albertans’ online spending habits: Part One
July 10, 2018

Albertans’ online spending habits: Part One

According to the polling firm Numeris, 76 per cent of Calgarians over the age of 18 made a purchase online in the past year. In Alberta’s capital city, only 68 per cent of people aged 18 or over opted to buy something this way.

Private sector driving Alberta's job creation
July 09, 2018

Private sector driving Alberta's job creation

The top four sectors—construction, oil and gas, professional and scientific positions, and manufacturing—accounted for 44,500 new jobs. Jobs in the public sector accounted for a gain of only 5,700 jobs.

Perch

Each Perch focuses on a topic that’s important to Alberta​ns. So sit back and enjoy.​​

Read Perch now​​

Alberta Economic​ Outlook

ATB Financial’s Alberta Economic Outlook summarizes research on Alberta’s most important sectors. It analyzes the province’s economic happenings and outlines what may occur in the next few months.​​

Todd Hirsch

Learn more about Todd Hirsch, Chief Economist at ATB Financial.​​

Rob Roach

Meet Rob Roach, the director of insight on ATB Financial’s economics and research team.​​

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​​The Owl archives​​
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