Experimental Economic Activity Indexes for Canadian Provinces and Territories

This article in the Economic Insights series reports on a set of experimental monthly economic activity indexes that have been estimated for the provinces and territories up to March 2020. The COVID-19 pandemic has accentuated the need for timely information on aggregate economic activity with more geographical detail. This article describes how more timely economic data can be summarized in indexes that generally reflect the broad movements of the provincial and territorial economies.