Economic Buzz: US leading index decreases for fifth straight month in December

The Conference Board released a report on Thursday showing a continued decrease by its reading on leading U.S. economic indicators in the month of December.

The report said the leading economic index dipped by 0.2 percent in December after falling by 0.3 percent in November.

The Conference Board said the lagging economic index also edged down by 0.1 percent in December after inching up by 0.1 percent in November.

Meanwhile, the report said the coincident economic index rose by 0.2 percent in December after ticking up by 0.1 percent in November.

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