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Leading Economic Indicators increased 0.3 percent in May

The U.S. LEI continued on its upward Trend in May, suggesting the economy is likely to remain on, or perhaps even moderately above, its long-term trend of about 2 percent growth for the remainder of the year. The improvement was widespread among the majority of the Leading indicators except for housing permits, which declined again.

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This post first appeared on The Housing Chronicles, please read the originial post: here

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Leading Economic Indicators increased 0.3 percent in May

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