Economics
Leading Economic Indicators in U.S. Rise for Fourth Month
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The index of U.S. leading indicators rose in May for the fourth straight month, showing the economy will gain momentum following a slowdown at the start of 2014.
The Conference Board’s gauge, a measure of the outlook for the next three to six months, increased 0.5 percent after a 0.3 percent gain in April, the New York-based group said today. The median forecast of 44 economists surveyed by Bloomberg called for a 0.6 percent advance.