<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>The BOS indicator has improved but remains below average</label>
    <description><![CDATA[Contributions to BOS indicator (standardized units)

Note: The BOS indicator is a summary measure of the main Business Outlook Survey (BOS) questions. Business activity indicators are those related to past sales declines, future sales growth, indicators of future sales, employment and investment. Price and cost indicators are those related to input and output price growth as well as credit conditions. Capacity indicators are those related to labour shortages, labour shortage intensity and the ability to meet demand.

Source: Business Outlook Survey]]></description>
    <link>https://www.bankofcanada.ca/?p=243736</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2024Q4_C2_S1">
<label>Business activity</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2024Q4_C2_S2">
<label>Prices and costs</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2024Q4_C2_S3">
<label>Capacity</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2024Q4_C2_S4">
<label>BOS indicator</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2019-01-01"><v s="BOS_2024Q4_C2_S1">-0.17</v><v s="BOS_2024Q4_C2_S4">-0.78</v><v s="BOS_2024Q4_C2_S3">-0.58</v><v s="BOS_2024Q4_C2_S2">-0.04</v></o>
<o d="2019-04-01"><v s="BOS_2024Q4_C2_S1">0.05</v><v s="BOS_2024Q4_C2_S4">0.03</v><v s="BOS_2024Q4_C2_S3">-0.12</v><v s="BOS_2024Q4_C2_S2">0.10</v></o>
<o d="2019-07-01"><v s="BOS_2024Q4_C2_S4">0.49</v><v s="BOS_2024Q4_C2_S2">0.05</v><v s="BOS_2024Q4_C2_S1">-0.09</v><v s="BOS_2024Q4_C2_S3">0.53</v></o>
<o d="2019-10-01"><v s="BOS_2024Q4_C2_S3">0.50</v><v s="BOS_2024Q4_C2_S4">0.66</v><v s="BOS_2024Q4_C2_S1">0.10</v><v s="BOS_2024Q4_C2_S2">0.07</v></o>
<o d="2020-01-01"><v s="BOS_2024Q4_C2_S3">0.09</v><v s="BOS_2024Q4_C2_S4">-0.54</v><v s="BOS_2024Q4_C2_S1">-0.65</v><v s="BOS_2024Q4_C2_S2">0.02</v></o>
<o d="2020-04-01"><v s="BOS_2024Q4_C2_S4">-5.95</v><v s="BOS_2024Q4_C2_S3">-1.69</v><v s="BOS_2024Q4_C2_S2">-0.66</v><v s="BOS_2024Q4_C2_S1">-3.59</v></o>
<o d="2020-07-01"><v s="BOS_2024Q4_C2_S3">-0.47</v><v s="BOS_2024Q4_C2_S2">0.22</v><v s="BOS_2024Q4_C2_S1">-2.01</v><v s="BOS_2024Q4_C2_S4">-2.26</v></o>
<o d="2020-10-01"><v s="BOS_2024Q4_C2_S1">-0.42</v><v s="BOS_2024Q4_C2_S3">0.44</v><v s="BOS_2024Q4_C2_S2">0.63</v><v s="BOS_2024Q4_C2_S4">0.65</v></o>
<o d="2021-01-01"><v s="BOS_2024Q4_C2_S3">-0.21</v><v s="BOS_2024Q4_C2_S2">1.40</v><v s="BOS_2024Q4_C2_S4">2.05</v><v s="BOS_2024Q4_C2_S1">0.86</v></o>
<o d="2021-04-01"><v s="BOS_2024Q4_C2_S1">1.90</v><v s="BOS_2024Q4_C2_S3">0.77</v><v s="BOS_2024Q4_C2_S4">3.45</v><v s="BOS_2024Q4_C2_S2">0.79</v></o>
<o d="2021-07-01"><v s="BOS_2024Q4_C2_S3">1.73</v><v s="BOS_2024Q4_C2_S1">2.17</v><v s="BOS_2024Q4_C2_S4">4.23</v><v s="BOS_2024Q4_C2_S2">0.33</v></o>
<o d="2021-10-01"><v s="BOS_2024Q4_C2_S3">2.45</v><v s="BOS_2024Q4_C2_S4">5.70</v><v s="BOS_2024Q4_C2_S2">0.29</v><v s="BOS_2024Q4_C2_S1">2.96</v></o>
<o d="2022-01-01"><v s="BOS_2024Q4_C2_S3">2.39</v><v s="BOS_2024Q4_C2_S2">0.50</v><v s="BOS_2024Q4_C2_S1">1.86</v><v s="BOS_2024Q4_C2_S4">4.75</v></o>
<o d="2022-04-01"><v s="BOS_2024Q4_C2_S2">0.27</v><v s="BOS_2024Q4_C2_S3">2.29</v><v s="BOS_2024Q4_C2_S4">4.73</v><v s="BOS_2024Q4_C2_S1">2.16</v></o>
<o d="2022-07-01"><v s="BOS_2024Q4_C2_S1">0.60</v><v s="BOS_2024Q4_C2_S3">2.16</v><v s="BOS_2024Q4_C2_S2">-0.99</v><v s="BOS_2024Q4_C2_S4">1.76</v></o>
<o d="2022-10-01"><v s="BOS_2024Q4_C2_S4">0.15</v><v s="BOS_2024Q4_C2_S3">1.33</v><v s="BOS_2024Q4_C2_S1">-0.25</v><v s="BOS_2024Q4_C2_S2">-0.93</v></o>
<o d="2023-01-01"><v s="BOS_2024Q4_C2_S4">-0.91</v><v s="BOS_2024Q4_C2_S3">0.01</v><v s="BOS_2024Q4_C2_S1">0.18</v><v s="BOS_2024Q4_C2_S2">-1.11</v></o>
<o d="2023-04-01"><v s="BOS_2024Q4_C2_S4">-2.19</v><v s="BOS_2024Q4_C2_S3">-0.27</v><v s="BOS_2024Q4_C2_S1">-0.41</v><v s="BOS_2024Q4_C2_S2">-1.52</v></o>
<o d="2023-07-01"><v s="BOS_2024Q4_C2_S4">-3.39</v><v s="BOS_2024Q4_C2_S1">-1.09</v><v s="BOS_2024Q4_C2_S2">-1.73</v><v s="BOS_2024Q4_C2_S3">-0.57</v></o>
<o d="2023-10-01"><v s="BOS_2024Q4_C2_S4">-3.02</v><v s="BOS_2024Q4_C2_S3">-0.57</v><v s="BOS_2024Q4_C2_S1">-1.12</v><v s="BOS_2024Q4_C2_S2">-1.33</v></o>
<o d="2024-01-01"><v s="BOS_2024Q4_C2_S3">-0.54</v><v s="BOS_2024Q4_C2_S1">-0.92</v><v s="BOS_2024Q4_C2_S2">-0.89</v><v s="BOS_2024Q4_C2_S4">-2.35</v></o>
<o d="2024-04-01"><v s="BOS_2024Q4_C2_S3">-1.18</v><v s="BOS_2024Q4_C2_S1">-0.93</v><v s="BOS_2024Q4_C2_S2">-0.75</v><v s="BOS_2024Q4_C2_S4">-2.86</v></o>
<o d="2024-07-01"><v s="BOS_2024Q4_C2_S3">-0.82</v><v s="BOS_2024Q4_C2_S1">-0.78</v><v s="BOS_2024Q4_C2_S4">-2.29</v><v s="BOS_2024Q4_C2_S2">-0.71</v></o>
<o d="2024-10-01"><v s="BOS_2024Q4_C2_S2">-0.34</v><v s="BOS_2024Q4_C2_S4">-1.18</v><v s="BOS_2024Q4_C2_S1">0.28</v><v s="BOS_2024Q4_C2_S3">-1.12</v></o>
</observations>
</data>