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Leading Economic Indicators Improve

11/18/2011 10:15:00 AM
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An index of leading economic indicators rose in October by the most in eight months, the New York-based Conference Board said Friday.

The index climbed 0.9%, the largest gain since February, after a 0.1% increase last month.

Economists had forecast a 0.6% gain, Bloomberg reported.

The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.

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