October 30, 2012 – Reports on MLI’s latest Leading Indicator have appeared across the country:
– “Canada leading indicator rises 0.2 pct in September” by Louise Egan, Reuters Canada, October 30, 2012 (republished by BNN)
– “Leading indicator index points to moderate economic improvement” by The Canadian Press, CTV News, October 30, 2012
– “Going against the grain, two measures point to stronger economic growth” by Julian Beltrame, Financial Post, Global News, Ottawa Citizen, Montreal Gazette, Winnipeg Free Press, The StarPhoenix, Regina’s Leader-Post, and Canadian Business magazine, October 30, 2012
The MLI Leading Indicator showed growth of 0.2% in September – the second straight month of improvement after the index decelerated steadily in the first half of the year. Four of the nine components in the index advanced in September, while three were unchanged and two declined.
According to MLI’s Philip Cross, “The MLI indicator shows there is still life in the Canadian economy and Canada will finish the year in a growth position as we predicted some weeks ago.” For more information, click the following links: October 30th Media Release, September 2012 Leading Indicator, August 2012 Leading Indicator, and Backgrounder for Leading Indicator.