Index of U.S. Leading Economic Indicators Climbs 0.7%

The index of U.S. leading indicators rose in February by the most in 11 months, signaling the world’s largest economy will strengthen.

The Conference Board’s gauge of the outlook for the next three to six months increased 0.7 percent after a revised 0.2 percent gain in January that was less than initially reported, the New York-based group said today. The median forecast of economists surveyed by Bloomberg News called for a 0.6 percent rise.