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 2014
Leading Indicator of Industry Profitability: April 2014
Industry Economic Analysis
$199.00
- The Leading Indicator of Industry Profitability rose 0.1 per cent in March, improving modestly on better employment numbers, stable unemployment, and a strong month in equity markets.
- The retail and service sectors posted the largest and most consistent declines in March. The lower Canadian dollar and increased competitive pressures have compressed margins in the retail sector by conspiring to increase input prices and limit output price growth.
