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 2015
Leading Indicator of Industry Profitability: August 2015
Industry Economic Analysis
$310.00
- Signal49 Research’s Leading Indicator of Industry Profitability improved in July, increasing by 0.3 points. The index was supported by lower short-term interest rates and improvements to the labour market, which more than offset the ongoing weakness in the Canadian equity market.
- Of the 49 industries followed by the index, 35 improved in July. This represents the second consecutive month that over two-thirds of industries tracked have seen their indexes improve.
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