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: April 2011
Leading Indicator of Industry Profitability: April 2011
Industry Economic Analysis
$265.00
The Leading Indicator of Industry Profitability Index edged up 0.3 percent in March, marking the sixth consecutive month of increases. The steady gains are another indication that corporate profits are firmly on the path to recovery. Of the 49 industries covered here, 44 posted gains in their indexes last month. That suggests corporate profits will continue to improve through the summer.
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