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Jan 22, 2009 - Alberta Economic UpdateAlberta’s Long Term Economic Indicators As of December, 2008 Please note that when reviewing the following information that La Terra Ventures Inc. looks at long term indicators when evaluating the economy. We are aware that short term trends tend to move up and down in respect to changing economic conditions. We would like to stress our confidence in the strength of our industry and feel that the long term indicators listed below will help to educate everyone on the overall strength of the Annual Employment Growth Annual Unemployment Rate Nov 2000 – Nov 2008 Nov 2000 – Nov 2008 1,600,000 – 2,000,050 5.1% - 3.4% Lowest in Average Weekly Earnings Retail and Wholesale Trade Nov 2000 – Nov 2008 Sep 2000 – Sep 2008 $660 - $890 $2.7 billion – $5.1 Billion New Motor Vehicle Sales Annually Annual Building permits Sep 2000 – Sep 2008 Oct 2000 – Oct 2008 15,500 – 20,000 $500 Million - $850 Million Housing Starts Energy Production Annually 1998 - 2008 Jul 2000 – Jul 2008 20,000 – 24,000 13.5 Billion cubic meters – *Crude Oil & Equivalents Exports Annually Consumer Bankruptcies Oct 2000 – Oct 2008 Oct 2000 – Oct 2008 $5.3 Billion - $10 + Billion 170 – 130 Corporate Bankruptcies Annually Incorporations Annually Oct 2000 – Oct 2008 Nov 2000 – Nov 2008 710 – 300 2,400 – 2,800 Consumer Price Index Annually Exchange Rate Oct 2000 – Oct 2008 Nov 2000 – Nov 2008 1.9% - 1.8% 1.5 - 1.2 *Canadian$/ Prime Rate Population Growth Nov 2000 – Dec 2008 July 2007 – July 2008 7.5% - 3.5% 2.1% *Highest In Manufacturing Annually Sep 2000 – Sep 2008 $3.7 Billion - $6.4 Billion Source of Information *All the information included in this article is based on approximations of the actual numbers. If necessary please verify with the following sources from which the included information was obtained. Industry International Monetary Fund Alberta Department of Energy Bank of  Return to News Article & Press Releases
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