Alberta Total residential and non-residential investment in building construction
Alberta Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Alberta went from $1,556,648,337.00 in Total residential and non-residential construction expenditures to $1,606,412,347.00 in Total residential and non-residential spending.
Alberta constructions spending peaks in the summer to early fall and the pre-covid peak spending on August 2019 for Total residential and non-residential was $2,086,013,080.00. As of July 2, 2021 and according to the graph below, the construction industry in Alberta seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $1,897,670,353.00
2016 it is: $1,947,455,455.00
2019 was: $2,086,013,080.00
And 2020 at: $1,963,939,727.00
In the past 10 years of seasonal peaks (August), Alberta has an average annual growth rate of - 0.420% in Total residential and non-residential expenditures.
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