Leading indicators suggest economic growth in 2013

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Thursday, January 24, 2013

The Conference Board's index of leading indicators suggests economic growth for 2013.

The Conference Board said Thursday that its index of leading indicators rose 0.5 percent in December, the best showing since September. In November, the index was unchanged. The gauge is designed to anticipate economic conditions three to six months out.

Conference Board economist Kenneth Goldstein said the rebound in the leading index suggested an improving outlook in contrast to a few months ago when the expectations were not so optimistic.

Read more at OregonLive.com.

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