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December 22, 2011 10:15 AM, EST

Leading Economic Indicators Rise Again

An index of leading economic indicators rose in November, the New York-based Conference Board said Thursday.

The LEI index climbed 0.5%, following a 0.9% jump in October that was the biggest in eight months.

Economists had forecast a 0.3% gain, Bloomberg reported.

The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.