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: July 2014
Leading Indicator of Industry Profitability: July 2014
Industry Economic Analysis
$310.00
- Signal49 Research’s Leading Indicator of Industry Profitability remained flat at 107.6 for a second month as higher commodity and equity prices offset the continued uncertainty in the labour market and weaker non-residential construction investment.
- Of the 49 industries tracked by the index, 39 saw their profitability outlook improve in June and 36 posted an increase for the second quarter as a whole. The better outlook was broad-based, with no sector suffering an overwhelmingly negative month or quarter.
