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 2014
Leading Indicator of Industry Profitability: May 2014
Industry Sector Economics
$305.00
- The Conference Board of Canada’s Leading Indicator of Industry Profitability increased to 108 in April, up 0.3 per cent from March.
- The index has posted strong gains in the past three months, as the outlook for the resource extraction sector remains strong and the weaker Canadian dollar has improved the near-term outlook for Canada’s manufacturing sector.
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