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06/17/2010 01:53:00 PM EST

Leading indicators rise 0.4 percent in May

NEW YORK-(AP) A gauge of future economic activity rose 0.4 percent in May, signaling slow growth in the U.S. economy lies ahead in the summer and fall.

The leading economic index from the Conference Board, a private research group, is designed to forecast economic activity in the next three to six months…

 

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