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U.S. Leading Economic Index Rises Less Than Expected In September

Suggesting the U.S. economy remains on a more moderate growth trajectory compared to the first half of the year, the Conference Board released a report on Thursday showing a modest increase by its index of leading economic indicators in the month of September.

The Conference Board said its leading economic index edged up by 0.2 percent in September after advancing by 0.8 percent in August and 0.9 percent in July. Economists had expected the index to rise by 0.5 percent.

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by RTTNews Staff Writer

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