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Updated:
7/22/2010 10:05:00 AM
Leading Economic Indicators Drop 0.2%
An index of leading economic indicators fell 0.2% in June, the second drop in three months, the New York-based Conference Board said Thursday.
The LEI index’s decline followed a revised 0.5% gain in May that had originally been reported as a 0.4% upturn.
The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.
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