World Economy

US Indicators Climb

US Indicators ClimbUS Indicators Climb

The index of US leading indicators increased in December, extending its rise to four straight months, as the world’s largest economy expanded. The Conference Board’s index, a gauge of the outlook for the next three to six months, increased 0.5 percent in December, after a revised 0.4% gain in November, the New York-based group said Saturday. The median forecast of 49 economists surveyed by Bloomberg called for a 0.4% advance. An improving job market and plunging gas prices continue to support consumer spending that makes up almost 70% of the economy.