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Index of U.S. Leading Economic Indicators Rises for Third Month

The index of U.S. leading indicators rose in December for a third month, indicating the world’s largest economy will keep growing in early 2012.

The Conference Board’s gauge of the outlook for the next three to six months increased 0.4 percent after climbing 0.2 percent in November, the New York-based group said today. The median forecast of 44 economists surveyed by Bloomberg News called for a gain of 0.7 percent. Today’s report marked the first time since 1996 that the components of the index changed.