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The weighted average calculated by the combination of leading indicators to predict the state of the economy. Leading indicators include figures of production orders, applications for unemployment benefits, rates of money supply, average workweek, building permits, the price of the underlying stocks, orders for durable goods, consumer confidence index.
The basic value (100) for comparison is the initial 1992. Each point above 100 indicates a 1% improvement rate compared with 1992 values.
- Release Frequency: monthly.
- Release Schedule: 08:30 EST, around the 3rd week of the month.
- Source: Statistics Canada.