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

Indicating somewhat more positive U.S. economic conditions in early 2012, the Conference Board released a report on Friday showing that its index of leading economic indicators increased for the fourth consecutive month in January.

The Conference Board said its leading economic index rose by 0.4 percent in January following a revised 0.5 percent increase in December. Economists had been expecting the index to increase by 0.5 percent compared to the 0.4 percent increase originally reported for the previous month.

by RTT Staff Writer

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