Leading Economic Index Increases

The Conference Board said the U.S. leading index increased 0.2 percent, the coincident index increased 0.3 percent, and the lagging index remained unchanged in December. The leading index increased again in December and November’s increase was revised up slightly. These consecutive increases follow five consecutive declines, and the weakness in the leading indicators has become somewhat less widespread. It is now likely that the five-month decline in the leading index was only a pause in the

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