The monthly Leading Indicator of Industry Profitability is constructed from high frequency data series. The indicators are designed to be predictive of movements in corporate profitability six months hence. An industry leading index is created for the economy as a whole, as well as for 49 individual sectors within the economy, thus providing coverage for most of the private business activity that takes place in Canada.
Leading Indicator of Industry Profitability: December 2016
Leading Indicator of Industry Profitability: December 2016
Industry Economic Analysis
$320.00
- The goods sector continues to improve after a difficult start to the year, led by a rebound in mining as primary metal prices rose for the seventh consecutive month.
- The retail sector has cooled after a strong showing in the middle part of the year. Slower consumer spending and a dip in the Canadian dollar are reducing the profitability outlook for retailers.
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