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: February 2014
Leading Indicator of Industry Profitability: February 2014
Industry Economic Analysis
$305.00
- After four months of strong gains, the Leading Indicator of Industry Profitability moved sideways in January, with the top-line index increasing by only 0.1 per cent and 27 of the 49 sectors posting improvements.
- Export-oriented sectors were supported by a healthier U.S. consumer and a weaker Canadian dollar, while the financial services sectors had a down month on low interest rates and losses in the property and casualty insurance industry.
