July 18 (Bloomberg) -- The index of U.S. leading indicators rose in June, showing the economy continues to 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 0.3 percent after a revised gain of 0.7 percent in May, the New York-based group said today. The median forecast of 49 economists surveyed by Bloomberg called for a 0.5 percent advance.
To contact the reporter on this story: Jeanna Smialek in Washington at firstname.lastname@example.org
To contact the editors responsible for this story: Chris Wellisz at email@example.com Brendan Murray, James L Tyson