Leading Economic Indicators Rise in January
Washington, DC, Feb. 20, 2014 -- The index of U.S. leading indicators rose 0.3 percent in January, according to the Conference Board.
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Five of the 10 indicators in the index, which anticipates the next three to six months rose, including a decline in jobless claims and a pickup in factory orders. However, decreases in building permits and hours worked weighed held the index back.
The Conference Board’s index of current economic activity rose 0.1 percent for a second month.