ATB's Quarterly Alberta Economic Outlook
ATB leverages its understanding of Alberta's economy to produce a quarterly economic forecast for the province.
ATB's economics team analyzes the latest statistics related to economic drivers and provides insight on Alberta's economy now and in the future.
SubscribeATB leverages its understanding of Alberta's economy to produce a quarterly economic forecast for the province.
Travel’s back, alright!
COVID, thankfully, is getting further in the rearview mirror. The economy overall has more than recovered and the vast majority of indicators have bounced back: employment, retail sales and exports, to name just a few. But some things have taken longer. Take the hospitality industry. Employment in the accommodation and food services sector, despite large gains in the past two years, is still below February 2020 levels and faces ongoing hiring challenges.
International travel also falls in the ‘longer’ category. It collapsed during COVID to virtually nothing, but has been climbing back. In fact, since mid-2023, international visits have been, for the most part, holding above pre-COVID levels.
Economic Insights Focused on Alberta's Economy
Retail sales, the unemployment rate, population growth, inflation, international trade—these are just a few of the economic trends the team makes sense of in ATB’s daily insights.
Alberta housing starts strong again in February
The debt service ratio in Canada is near a record high
U.S. inflation still too high
A review of the key economic highlights of the week impacting Alberta.
Up north and around the globe
Alberta employment picks up steam
Below potential - business investment lagging in Canada
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