Composite Leading Index for Canada: April 2019

The composite leading index of the Canadian economy sums up the performance of nine components that track the short-term course of the economy.

Document Highlights

Signal49 Research’s Composite Leading Index rose by just over 1.1 points to 108.5 in March (2016 = 100). This rise follows a revised 0.5-point increase in February. Despite this uptick, the index remains well below its highs from 2018.

This month’s release uses the most up-to-date data from economic indicators from February and March 2019. (See note below for the methodological update effective February 2019.)