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VOL. 126 | NO. 34 | Friday, February 18, 2011

Leading Indicators Rise 0.1 Percent in January

AP

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NEW YORK (AP) – A private research group says its gauge of future economic activity rose a slim 0.1 percent in January, significantly slower than in recent months as a measure of the housing market tumbled.

The rise in the Conference Board's index of leading economic indicators was the seventh consecutive monthly advance.

But It was slower than the 0.8 percent rise in December and a 1.1 percent increase in November. Those had been the biggest increases since March.

The index can swing wildly from month to month. January's slowdown isn't necessarily a sign that economic growth will slacken over the next few months.

The leading indicators began moving sharply higher last fall as the stock market rallied, consumers spent more, the manufacturing sector grew steadily and the jobless rate dropped.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 153 14,870
MORTGAGES 64 144 19,474
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 217 359 35,689
BANKRUPTCIES 59 121 14,155
BUSINESS LICENSES 24 86 5,077
UTILITY CONNECTIONS 71 170 21,603
MARRIAGE LICENSES 22 59 4,616

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