Economics
U.S. Economy: Leading Index Rises, Signaling Growth
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The gauge of the U.S. economy’s prospects rose in September for a third month, signaling the recovery will extend into 2011.
The New York-based Conference Board’s index of leading economic indicators climbed 0.3 percent, matching the median forecast of 57 economists surveyed by Bloomberg News. The number of claims for jobless benefits last week was consistent with little progress in the labor market, another report showed.