Trendline Saskatchewan is a report that provides a monthly summary of Saskatchewan's key economic indicators.
The above graph provides a visual summary of the Trendline Report data. The blue line above displays is a composite of the nine indicators Trendline uses to report on the health of the provincial economy. To create a composite, the indicators were normalized (where 1 is the maximum value and 0 is the minimum value) and combined (all weighted equally). The green line adjusts for seasonal fluctuations allowing for analysis seasonal components.
The nine indicators include: employment, housing stats, building permits, motor vehicle sales, restaurant receipts, exports, retails sales, manufacturing sales, and wholesale trade.
The composite indicator remains a work in progress and will be refined (adding and/or losing indicators) over time.