The composite leading index of the Canadian economy sums up the performance of 9 components that track the short-term course of the economy.
Composite Leading Index for Canada: May 2016
Composite Leading Index for Canada: May 2016
Canadian Economic Analysis
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Signal49 Research’s Composite Leading Index rose 1.6 points in March to 107.0 (2010 = 100), hinting at better times ahead after a year of instability. Four of the indicator’s nine components rose, while three declined and two remained unchanged. Sizable gains in energy prices and consumer confidence were partly offset by a precipitous drop in building permits and a weakening labour market that continues to adjust to the low-oil-price environment.
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