October 11, 2012 – The release of MLI’s inaugural Leading Economic Indicator has received a great deal of attention in the media. It is highlighted in the Financial Post (republished in The Province) and in a NASDAQ article by Paul Vieira. It is also highlighted on 4-traders and iPolitics.
MLI’s index will give policymakers, business and investors six month’s notice on significant changes in Canada’s economic performance.
The inaugural Leading Indicator showed a slight gain for August – 0.1% in August after four consecutive months of 0.2% gains. The slow, steady growth of this indicator suggests the Canadian economy will avert a downturn in 2012.