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: January 2016
Leading Indicator of Industry Profitability: January 2016
Industry Economic Analysis
$315.00
- Hurt by the continued weakness in the country’s main equity market and additional increases in Canada’s corporate prime interest rate, Signal49 Research’s Leading Indicator of Industry Profitability declined for the fourth consecutive month in December, ending the year on a bleak note.
- For only the second time since 2010, at least 30 of the 49 industries tracked saw their indexes worsen. Only the manufacturing sector was able to end the year on an optimistic note, with the majority of its constituent industries displaying positive near-term profit outlooks.
