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 2016
Leading Indicator of Industry Profitability: March 2016
Industry Economic Analysis
$315.00
- Signal49 Research’s Leading Indicator of Industry Profitability decreased by 0.3 points in February—its sixth consecutive monthly drop and the ninth decline over the past year.
- Of the 49 industries included in the index, only 21 improved in February. The manufacturing sector continues to be the main source of strength at the industry level, with 12 of its 17 constituent industries displaying positive near-term profit outlooks.
