Chart 1: The BOS indicator has declined, mainly due to weaker outlooks for business activity https://www.bankofcanada.ca/?p=245382 Business activity Prices and costs Capacity BOS indicator -0.15-0.77-0.58-0.04 0.060.06-0.110.10 0.510.05-0.080.55 0.520.690.110.06 0.10-0.52-0.640.02 -5.93-0.66-1.69-3.58 -0.460.22-2.01-2.25 -0.420.460.630.67 -0.201.392.060.87 1.900.793.470.78 1.762.184.260.33 2.482.975.740.29 0.502.434.801.87 0.272.324.772.18 1.822.19-0.990.61 -0.921.36-0.230.20 -0.870.04-1.100.19 -2.15-0.25-1.51-0.40 -0.55-3.35-1.72-1.07 -2.98-0.55-1.32-1.11 -0.52-0.91-2.31-0.88 -2.83-1.16-0.92-0.75 -2.26-0.82-0.78-0.71 -1.16-0.340.29-1.11 0.09-2.14-1.01-1.23