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 2013
Leading Indicator of Industry Profitability: April 2013
Industry Economic Analysis
$295.00
- In March, the Leading Indicator of Industry Profitability Index rose 0.3 per cent compared with the previous month, and it is up a full percentage point from a year earlier?the strongest improvement on a year-over-year basis since November 2011.
- Only 28 of the 49 component industries recorded an increase in March, showing there is still a number of industries that are struggling.
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