Composite Leading Index for Canada: May 2018
The Conference Board of Canada
June 11, 2018
The composite leading index of the Canadian economy sums up the performance of 10 components that track the short-term course of the economy.
- The Conference Board of Canada’s Composite Leading Index rose to its highest level on record in March, a contrast to the period of weak performance earlier this year.
- The main drivers of the index’s March movement were a smaller decline in the S&P/TSX Composite Index, a recovery in consumer confidence, and surging oil prices.