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: November 2015
Leading Indicator of Industry Profitability: November 2015
Industry Economic Analysis
$315.00
- The Leading Indicator of Industry Profitability Index dropped for a second consecutive month, from a revised 107.8 in September to 107.3 in October. Driven by weak labour market performance and the rise in Canada’s corporate prime interest rate, the indicator saw its strongest decline since June of 2010.
- Of the 49Åindustries tracked by the index, 26 saw their profitability indices decline in October. This is the second consecutive month and fifth month this year that the majority of industries have displayed negative profitability outlooks.
Customers Who Downloaded This Also Liked
10 min read
10 min read
18 min read
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
