Index of U.S. Leading Economic Indicators Rises 0.3%

The index of U.S. leading indicators rose in August more than forecast, signaling the economy will keep expanding through early next year.

The 0.3 percent gain in the New York-based Conference Board’s gauge of the prospects for the economy in the next three to six months follows a 0.1 percent increase in July. The index was forecast to rise 0.1 percent, according to the median estimate in a Bloomberg News survey of 56 economists.