Gauge of US economy's health rises 0.1 percent

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Associated Press

Posted on January 23, 2014 at 9:01 AM

WASHINGTON (AP) — A measure of the economy's health rose modestly in December, suggesting that growth will remain steady early this year.

The Conference Board said Thursday that its index of leading indicators rose 0.1 percent last month. That's down from a 1 percent gain in November, the month after a partial 16-day shutdown of the federal government.

The index is designed to signal economic conditions over the next three to six months.

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