Conference Board Leading Economic Index Increases Third Month in a Row

The Conference Board Leading Economic Index for the U.S. increased 0.5% in July to 115.80 ( 2004 = 100 ), marking the third month in a row that the index has risen. June saw a 0.3% gain, and May say a 0.7% increase.

The largest positive contributions came from the money supply, the interest rate spread and a drop in average weekly claims for unemployment insurance.