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U.S. Leading Economic Index Probably Rose at Slower Pace

The index of U.S. leading indicators probably rose at a slower pace in June, signaling the recovery will be restrained in the second half of the year, economists forecast a report will show today.

The Conference Board’s gauge of the outlook for the next three to six months climbed 0.2 percent after a 0.8 percent gain in May, according to the median estimate of 51 forecasts in a Bloomberg News survey.