2010.08.1911:10:00UTC+00Leading Indicators Index Rises Less Than Expected In July

After reporting a decrease in leading economic indicators for June, the Conference Board released a report Thursday morning showing a modest increase in its leading indicators index for July. However, the index increased by less than economists had expected.

The report showed that the leading indicators index edged up by 0.1 percent in July following a revised 0.3 percent decrease in June. Economists had expected the index to increase by 0.2 percent compared to the 0.2 percent drop originally reported for the previous month.

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