Alberta economic snapshot for September 14, 2013

CALGARY, AB, Sep 14, 2013/ Troy Media/ – Canada’s job market has been fairly soft in 2013, with the national unemployment rate still hovering above 7 per cent. It’s even more difficult for young people, where unemployment is nearly double at 14.1 per cent. But as is the case with most job seekers, young people may want to consider a move to Alberta.

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Alberta economic snapshot for July 27, 2013

CALGARY, AB, Jul 27, 2013/ Troy Media/ – Housing construction is an important driver of Alberta’s economy and supplying the correct number of homes to match the market demand is sometimes a challenge for home builders. However, the most recent data suggest there’s still plenty of room to build a few more.

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Alberta economic snapshot for July 13, 2013

CALGARY, AB, Jul 13, 2013/ Troy Media/ – Among the provinces, Alberta has the fastest growing population. The strong economy continues to attract thousands of people from other provinces and countries. But there is a type of population growth that is also driving our province’s rapid expansion – and this requires no one to pack up and move.

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Alberta economic snapshot for June 15, 2013

CALGARY, AB, Jun 15, 2013/ Troy Media/ – According to the latest figures from Canada Mortgage and Housing Corporation, builders started construction on 41,438 new homes in our province in May. That’s the highest this year and the first time since early 2008 that the figure has risen above the 40,000 mark.

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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 February 16, 2013

CALGARY, AB, Feb. 16, 2013/ Troy Media/ – The value of Alberta’s manufacturing shipments slid in December to $5.77 billion – a decrease of 4.5 per cent from the previous month (seasonally adjusted). After having levelled off in early 2012, manufacturing in the province eased lower in the final three months of the year.

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Alberta economic snapshot for February 9, 2013

CALGARY, AB, Feb. 9, 2013/ Troy Media/ – The monthly Labour Force Survey from Statistics Canada is a closely watched gauge of how well the economy is performing, and yesterday’s report did not disappoint in Alberta.

After a one-month pullback in December, the provincial job market rebounded with a gain of 9,700 new positions in January (seasonally adjusted). Even better, almost all of these (8,600) were in full-time positions. Because more people entered the workforce – many of them new arrivals from other provinces – the unemployment rate remained unchanged at 4.5 per cent.

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Alberta economic snapshot for January 19, 2013

CALGARY, AB, Jan. 19, 2013/ Troy Media/ – Alberta factories, refineries, and meat packing plants are the economic engines for many communities throughout Alberta. But in November, they were running a bit slower – a trend that has been developing over the past year or so.

Shipments of manufactured goods totalled $6.14 billion in November, down about 1.8 per cent from the previous month, and the second lowest total to date in 2012. Over the first 11 months of last year, manufacturing shipments are still about 6.4 per cent higher than the same period in 2011, but the trend has been decidedly slower since peaking near the end of 2011.

Read more: http://tinyurl.com/aoo9dbo