The DLI Continues to Rise, and the Quebec Economy Is Back on Track August 6, 2024

The Desjardins Leading Index () rose 0.5% for the second month in a row, and the foundations of May's gain look very solid.

Nearly all the economic indicators that make up the are trending up, suggesting that Quebec's economy will see more broad-based growth in the coming months.

The 's trend is encouraging and in line with Quebec's remarkable progress over the past few months. According to the most recent real release, the recovery period is now over and has given way to a new expansion cycle. The period of economic decline, which began in the spring of 2023 and lasted until the end of the year, now seems to be behind us. Once again, the helped us identify Quebec's long-awaited economic recovery a few months in advance. Recent developments also confirm that the province's short-term economic path is positive.