Measure of future growth up 0.2 pct in January

A measure of the U.S. economy's future direction edged up in January from December, suggesting slow growth will continue in the coming months.

By Christopher S. Rugaber | Updated on February 21, 2013

WASHINGTON (AP) — A measure of the U.S. economy’s future direction edged up in January from December, suggesting slow growth will continue in the coming months.

The Conference Board says its index of leading indicators rose 0.2 percent in January to 94.1, the second straight increase after a gain of 0.5 percent in December. In November, the index was unchanged. The gauge is designed to anticipate economic conditions three to six months out.

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