The composite index of leading economic indicators rose 0.4% in January following a revised 0.5% gain in December, originally reported as a 0.4% increase, the Conference Board reported Friday.

The coincident index grew 0.2% in January after an unrevised 0.3% gain in December, while the lagging index rose 0.4% after an unrevised 0.3% jump in December. The LEI stands at 94.9, the coincident index is at 103.5, and the lagging index is at 113.8. The LEI has a baseline of 100, which reflects the level in 2004.

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