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: August 2014
Leading Indicator of Industry Profitability: August 2014
Industry Economic Analysis
$310.00
- Signal49 Research’s Leading Indicator of Industry Profitability increased by 0.1 points in July, the sixth consecutive monthly increase and the eleventh increase over the past year.
- The positive outlook for industry profitability was relatively broad based, with strong gains across all sectors tracked by the index. Furthermore, a strong majority of industries followed by the index have posted yearly and quarterly gains, suggesting a sustained positive profit outlook.
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