CANADA POISED FOR A SLUGGISH END TO 2018: MLI'S LEADING ECONOMIC INDICATOR
LEI is pointing to a disappointing end to 2018
By Macdonald Laurier Institute —— Bio and Archives--September 11, 2018
Canadian News, Opinion | Comments | Back To Full Article
OTTAWA, ON--The Macdonald-Laurier Institute’s Leading Economic Indicator (LEI), a tool designed to predict changes in the Canadian business cycle, increased by 0.1 percent in July. This represents a continuation of the slow growth that it has posted over the last four months.
While six of the ten components of the LEI underwent relatively marginal changes, the overall weakness in the index was primarily driven by declines in the housing and consumer confidence components. Welcome to CFP’s Comment Section!
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