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The first retail report of the year suggests that Alberta’s retail sector is starting 2017 on solid footing. The latest data show that sales from Alberta’s retailers grew to its highest level in over two years ($6.4 billion).
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ATB Financial's Economics & Research Team March 21, 2017
Alberta's retail sector sets 2017 on solid footing
The first retail report of the year suggests that Alberta’s retail sector is starting 2017 on solid footing. The latest data show that sales from Alberta’s retailers grew to its highest level in over two years ($6.4 billion).

The increase (from December to January) was due to higher sales in motor vehicle parts and at dealers which saw sales increase by nearly four per cent. Compared to 12 months earlier, gasoline stations (+21.9 per cent), motor vehicle parts and dealers (+12.6 per cent) and health and personal care stores (+4.6 per cent) have seen the highest growth in sales. All other types of retailers saw a decline in total sales in the same period.

At this point in time, overall spending in our province is now higher than it was a year ago. Retail sales are above last year’s levels by a little over two per cent. Total sales are not expected to remain at their current level and may fall slightly in the coming months. Still, with mounting consumer optimism in the province, Alberta’s retail sector as a whole is expected to perform slightly better than last year. 
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