The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators increased for the first time in well over two years in the month of November. The report said the leading economic index rose by 0.3 percent in November after falling by 0.4 percent in October. Economists had expected the index to edge down by 0.1 percent. The Conference Board also said the coincident economic index inched up by 0.1 percent in November, matching the rate of growth seen in each month between July and October. The lagging economic index also climbed by 0.3 percent in November after edging down by 0.1 percent in the previous month. Powered by Commodity Insights |