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: October 2013
Leading Indicator of Industry Profitability: October 2013
Industry Sector Economics
$305.00
- The Leading Indicator of Industry Profitability Index declined for the fifth consecutive month in September, falling from the post-recession high set in April. The five month decline has given away all the gains made in early 2013, and is the longest period of decline since late 2011.
- High consumer debt, rising interest rates, and a month-over-month decline in employee compensation have hurt the profitability outlook in consumer-orientated sectors. Increased competition in a number of the same industries compounded the negative effects of an exhausted consumer.
Customers Who Downloaded This Also Liked
Require an accessible version of this research?
Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
