From Bloomberg:
The index of leading U.S. economic indicators rose more than expected in January, led by a jump in money supply that masked continued deterioration elsewhere in the economy.
The Conference Board’s gauge rose 0.4 percent, the most since December 2006, after a revised 0.2 percent increase this past December, the New York-based group said today. The index is designed to show the likely direction of the economy over the next three to six months.
