The Twenty-Four Seven by ATB
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Chart of the Week
Chart of the Week: Calgary airport visits during Stampede
Economists are careful (or should be careful) not to attribute spending that would have happened anyway—that is, recycling of money that would have been spent by locals reallocating their limited dollars to Stampede events instead of something else.
What they should be interested in is new money injected, and that typically comes from out-of-province and international visitors. To help us gauge the effect, we look at daily airport visits to the Calgary International Airport by international visitors. Arrivals spike in the lead up to, and during Stampede.
So do the Calgary and Alberta economies get an injection of new spending during Stampede? Yes.
Economic Insights Focused on Alberta's Economy
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THE TWENTY-FOUR (daily)
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.
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The proposed West Coast pipeline
Back in the game
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THE SEVEN (weekly)
A review of the key economic highlights of the week impacting Alberta.
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