Alberta economic snapshot for April 20, 2013

CALGARY, AB, Apr. 20, 2013/ Troy Media/ – With some central banks around the world busy printing money, some observers have been fearful of global inflation. But in Canada, inflation remains well below any sort of danger level – at least for now.

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Employment holds steady in Edmonton

EDMONTON, AB, Apr. 9, 2013/ Troy Media/ – The number of people employed in the Edmonton region was essentially unchanged between February and March 2013, even though Canada and Alberta saw significant job losses. Lower employment in construction, retail and government were offset by healthy gains in manufacturing, health care, information, culture and recreation sectors.

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Alberta economic snapshot for March 30, 2013

CALGARY, AB, Mar. 30, 2013/ Troy Media/ – The little yellow chick is an icon of the season even though it’s often in the shadow of the brasher, brawnier Easter Bunny. And while there will be lots of candy chicks devoured this weekend, the number of real, live chicks is holding steady in Alberta.

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Alberta economic snapshot for March 23, 2013

CALGARY, AB, Mar. 23, 2013/ Troy Media/ – Despite the barrage of negative news around resources prices that punctuated news headlines at the beginning of the year, Alberta consumers seemed to have brushed off any sense of economic doom. They opened their wallets and purses, returning to one of their favourite pastimes: shopping.

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Alberta’s economic snapshot for March 16, 2013

CALGARY, AB, Mar. 16, 2013/ Troy Media/ – One of the most expensive items anyone will ever purchase is their home. Compared to the prices for other goods and services Albertans purchase, new home prices have more than kept pace. But it’s worth taking a look back at price trends over the past 20 years to spot a surprising pattern.

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Alberta economic snapshot for March 9, 2013

CALGARY, AB, Mar. 9, 2013/ Troy Media/ – While economic growth has slowed a bit in Alberta, it doesn’t seem to be making a big impact within the labour market just yet. In February, the province added another 4,200 jobs, following a gain of 9,700 in January. Full-time positions (+11,700) were only partially offset by a drop in part-time positions (-7,500) last month.

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Alberta economic snapshot for March 2, 2013

CALGARY, AB, Mar. 2, 2013/ Troy Media/ – While overall economic activity appears to be moderating in Alberta’s economy, new information on investment activity suggests the slowdown may be very slight. In fact, the provincial economy will still advance in 2013, but just at a slower pace.

Once a year, Statistics Canada prepares a comprehensive survey of private and public sector investment intentions, including spending on construction and purchases of machinery and equipment (including repairs). This survey was conducted between October 2012 and late January 2013.

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Alberta economic snapshot for February 23, 2013

CALGARY, AB, Feb. 23, 2013/ Troy Media/ – Maybe it was the hockey lockout, or maybe just the cold weather. Whatever the reason, Albertans seemed to be in little mood in December for one of their favourite pastimes: shopping.

According to Statistics Canada, total retail sales in the province slumped to $5.712 billion in the last month of 2012, a 2.5 per cent dip from November and the second consecutive decrease. Compared to December of the previous year, total sales are higher by 1.9 per cent. The figures are adjusted for seasonal variation, so any of the effects of Christmas shopping are accounted for.

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Why a slowdown in Alberta isn’t such a bad thing

CALGARY, AB, Feb. 17, 2013/ Troy Media/ – It’s practically official: Alberta’s economy is slowing. Few economic indicators have started to reveal it yet, but that’s not surprising since most of them – the unemployment rate, wage growth, retail sales – are lagging indicators. They tell the story of what’s been. The story of what’s yet to come in 2013 will be one of a softer economy, prompted by lower resource prices.

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