Leading Indicator of Industry Profitability: March 2011

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Leading Indicator of Industry Profitability: March 2011

Industry Economic Analysis

Author: Lin Ai

$265.00

The Leading Indicator of Industry Profitability index advanced 0.5 per cent in February, marking six consecutive months of increases. With the latest rise, the index has now regained all the ground it had lost over the previous six months.

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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.

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