U.S. leading economic indicators index rose for the seventh consecutive month in October, signaling the U.S. recovery is in place. The leading indicators rose 0.3% in October after an un-revised 1% gain in September, the Conference Board reported Thursday.
Six of the 10 indicators were positive. The index is up at a 10.2% annual pace in the last six months. The index of coincident indicators was unchanged in October after a 0.1% decline in September. The coincident index has been essentially flat since June
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