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: March 2014
Leading Indicator of Industry Profitability: March 2014
$305.00
- The Leading Indicator of Industry Profitability improved for the sixth consecutive month in February, increasing by 0.2 per cent to 107.4. The index has increased by 1 per cent year-over-year and 0.5 per cent over the last three months.
- The natural resource industries posted the most consistent improvement. Energy prices were the largest contributor to the increase in the raw materials price index, supporting the top-line index and helping push 16 of 24 goods-producing industries higher.
