Composite Leading Index for Canada: April 2018

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Composite Leading Index for Canada: April 2018

Canadian Economic Analysis

Author: Cory Renner

$215.00

  • Signal49 Research’s Composite Leading Index declined to 107.9 (2016 = 100) in February.
  • The decline was led by a major rout for the S&P/TSX Index in January, which pushed Canada’s topline stock index down significantly in February compared with the previous months. 
  • Except for the financial sector, results were mixed. While new orders for durable goods rose, consumer confidence and building permits both saw weakened notably.
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The composite leading index of the Canadian economy sums up the performance of 10 components that track the short-term course of the economy.

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