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Table 5. Leading Indicators

    2004 2005
  M A M J J A S O N D J F M A M J J A S O N D
                                             
Composite index(1)                                              
Smoothed 7688 191.1 192.5 194.2 195.9 197.0 197.9 198.7 199.6 200.0 200.6 201.4 201.9 202.4 203.3 204.0 204.9 205.7 206.6 207.6 208.5 209.1 210.1
Unsmoothed 7687 194.8 196.5 197.1 198.7 198.0 199.0 200.5 201.6 200.9 201.2 202.7 203.1 204.3 205.2 204.9 207.3 206.7 208.9 210.5 209.2 210.1 211.7
    Retail sales(2)
                                              
    Furniture and appliances
 7684 2,009 2,028 2,041 2,050 2,062 2,074 2,090 2,109 2,122 2,130 2,148 2,166 2,185 2,215 2,235 2,249 2,257 2,269 2,279 2,303 .. ..
    Other durables
 7685 7,463 7,496 7,560 7,644 7,635 7,643 7,664 7,739 7,777 7,762 7,771 7,821 7,831 7,929 8,000 8,086 8,190 8,255 8,140 8,123 .. ..
    Financial
                                              
    Money supply(2)
 7682 119,791 121,413 123,226 125,724 127,397 128,766 129,843 130,707 130,497 130,899 131,877 133,232 134,113 136,047 137,380 138,310 137,792 137,649 137,464 137,520 137,539 138,580
    TSX (1975=1000)
 7678 8,395 8,472 8,511 8,516 8,450 8,408 8,493 8,584 8,681 8,839 9,004 9,204 9,352 9,420 9,492 9,632 9,783 9,994 10,323 10,478 10,662 10,832
    Manufacturing
                                              
    New orders, durables(2)
 7683 22,307 22,727 22,918 23,053 23,248 23,307 23,403 23,724 23,842 24,035 24,675 24,965 25,165 25,444 25,599 25,371 25,542 25,782 25,902 26,150 .. ..
    Shipments-to-inventories ratio
 7686 1.81 1.84 1.86 1.88 1.90 1.91 1.91 1.91 1.91 1.89 1.88 1.87 1.86 1.85 1.84 1.83 1.81 1.82 1.82 1.84 .. ..
    Work week (hrs)
 7677 38.7 38.7 38.8 38.7 38.6 38.5 38.4 38.4 38.4 38.3 38.3 38.3 38.2 38.2 38.2 38.2 38.3 38.3 38.4 38.5 38.5 38.5
                                             
    Business and personal services employment ('000)
 7679 2,627 2,622 2,614 2,608 2,608 2,609 2,611 2,613 2,612 2,615 2,618 2,620 2,612 2,619 2,620 2,625 2,630 2,649 2,658 2,665 2,672 2,676
    House spending(1)
 7680 136.5 139.0 141.8 145.9 147.6 145.8 144.4 142.6 142.2 141.8 138.7 138.3 138.1 138.2 138.9 142.9 145.6 145.9 146.4 145.6 144.5 143.6
    US index (1)
 7681 119.3 120.1 120.9 121.5 122.2 122.6 122.9 123.1 123.4 123.8 124.1 124.4 124.6 124.7 124.6 124.9 125.0 125.3 125.3 125.6 125.8 ..

(1) 1992 = 100.
(2) Millions of 1992 dollars.
Contact: Francine Roy (951-3627).
CANSIM table: 377-0003