Leading Indicator of Industry Profitability: May 2010

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Leading Indicator of Industry Profitability: May 2010

Industry Sector Economics

Author: Maxim Armstrong, Michael Burt

$260.00

  • The outlook for corporate profitability in Canada weakened in April, as the leading indicator for all industries fell 0.4 per cent, the first decline since March of 2009.
  • Although troubling, the decline in the aggregate leading indicator does not yet signal a downward trend. What is more likely is that corporate profitability is now stabilizing after experiencing a strong recovery from the recession.
  • Overall, the breadth of the recovery in corporate profitability is reassuring.

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This report is published monthly and can be purchased for $260 per issue or you can subscribe to the annual service for $1,550 which will give all employees at your organization access to the report at no additional charge.

To subscribe to the Leading Indicator of Industry Profitability or if you have any questions, please contact Cindy Pelletier at pelletier@conferenceboard.ca or 613-526-3090 ext 380

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The Conference Board is pleased to introduce the Leading Indicator of Industry Profitability. The first issue is now available on the e-Library for you to review at no charge.

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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