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U.S. Leading Economic Index Rises Slightly Less Than Expected

Pointing to a slow but continued expansion in U.S. economic activity in the near term, the Conference Board released a report on Thursday showing a modest increase by its index of leading U.S. economic indicators in the month of January.

The Conference Board said its leading economic index edged up by 0.2 percent in January following a 0.5 percent increase in December. Economists had expected the index to increase by about 0.3 percent.

by RTTNews Staff Writer

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