Leading Economic Indicators Jump in January
he index of U.S. leading economic indicators rose for a fourth month in January, as signals pointed to faster economic growth, Bloomberg reported.
The 1.1% increase gain followed a revised 0.3% gain in December that had originally been reported as a 0.1% uptick, the New York-based Conference Board reported Tuesday.
The LEI index, which measures the likely performance of the U.S. economy over the next three to six months, is closely watched by trucking companies because it forecasts business activity for the next three to six months.
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