Leading Economic Index Increases in November

The Conference Board said the U.S. leading index increased 0.5 percent, the coincident index increased 0.2 percent, and the lagging index increased 0.6 percent in November. The leading index increased again in November, following a large gain in October. With November’s increase, the six-month growth rate of the leading index picked up to about a 3.4 percent annual rate, up from an average of about 1.9 percent (annual rate) in the first half of 2005, and strength among the leading indicators

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