Composite Leading Index for Canada: December 2017

Signal49 Research’s Composite Leading Index rose to 115.2 (2010 = 100) in October, a healthy rise over the previous month. The rise in the index isn’t surprising, given the strong performance of Canada’s stock market in October—the stock market rose 2.4 per cent for the month alone. While we still expect the economy to weaken, the index’s recent increase suggests growth will remain healthy into 2018.