Composite Leading Index for Canada: December 2017

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Composite Leading Index for Canada: December 2017

Canadian Economic Analysis

Author: Cory Renner

$215.00

The Conference Board of Canada’s Composite Leading Index rose to 115.2 (2010 = 100) in October, a healthy rise over the previous month. The rise in the index isn’t surprising, given the strong performance of Canada’s stock market in October—the stock market rose 2.4 per cent for the month alone. While we still expect the economy to weaken, the index’s recent increase suggests growth will remain healthy into 2018.

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The composite leading index of the Canadian economy sums up the performance of 10 components that track the short-term course of the economy.

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