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: February 2016
Leading Indicator of Industry Profitability: February 2016
Industry Economic Analysis
$315.00
- The index fell again in January, as the low Canadian dollar and falling resource prices continue to pose challenges for the Canadian economy.
- Led by continued growth in motor vehicle manufacturing, the manufacturing sector continues to be a bright spot for the struggling Canadian economy.
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