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: May 2011
Leading Indicator of Industry Profitability: May 2011
Industry Economic Analysis
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The Leading Indicator of Industry Profitability Index edged up 0.3 per cent in April, marking eight consecutive months of increases. Thirty-nine of the 49 industries covered saw gains in their indexes.
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