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: September 2011
Leading Indicator of Industry Profitability: September 2011
Industry Economic Analysis
$275.00
- The Leading Indicator of Industry Profitability suffered a small decline in August—the second in two months. The declines follow three months of almost no growth. And the weakness in the index suggests that corporate profits will moderate over the next six months. Still, any change is likely to be minimal.
- The number of industries recording gains is shrinking. Of the 49 industries covered here, 31 recorded an increase in their indexes this month—the smallest number since last fall.
