Leading Indicators Rise 1.0% in September

The composite index of leading economic indicators gained 1.0% in September, its sixth straight gain, the Conference Board reported yesterday.

LEI increased a revised 0.4% in August, originally reported as a 0.6% rise.

The coincident index was flat in September, after a revised 0.1% gain in August, originally reported as an unchanged reading, while the lagging index fell 0.3% after a revised 0.2% decline in August, originally reported as a 0.1% drop.

Economists polled by Thomson Reuters predicted LEI would be up 0.8%.

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