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Key Gauge of US Economy Turns Upward


A closely-watched measure of future U.S. economic activity rose in November after five months of declining readings.

The index of leading economic indicators was up two tenths of a percent (at a reading of 115.2).

The index is assembled by a business research group called the Conference Board in New York.

These experts examine factors like manufacturing, interest rates, consumer expectations, and stock prices that are thought to give hints about economic performance three to six months in the future.

Some information for this story provided by AP and Reuters.

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