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Sep 02, 2014 at 02:40 AM

Positive Economic Indicators Released by Statistics Canada for March Print E-mail Share to FacebookTweet This!
Apr 20, 2012 at 01:40 PM

The composite leading index rose 0.4% in March, following a 0.7% rise in February. This was the index's ninth consecutive monthly increase. Of the 10 components, 8 advanced.

The financial components remained positive in March, with both the Toronto Stock Exchange and the money supply increasing. The average workweek increased for the sixth straight month, while services employment resumed a year-long upward trend after stalling in February. The housing index recovered, as both existing home sales and starts rose. The United States leading indicator increased for the second month in a row, supported by its employment and financial components.

Manufacturing was mixed, with a gain in the ratio of shipments to inventories offset by a decline in new orders. Furniture and appliance sales posted a seventh consecutive monthly decline.

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