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U.S. Leading Economic Index Unexpectedly Dips 0.1% In January

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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With weakness in labor market components offsetting strengths in the financial components, the Conference Board released a report on Thursday unexpectedly showing a modest drop by its reading on leading U.S. economic indicators in the month of January.

The Conference Board said its leading economic indicators edged down by 0.1 percent after coming in unchanged in December. Economists had expected the index to inch up by 0.1 percent.

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