Leading indicators edge higher in January

Joshua Lott | Getty Images

A key economic measure increased in January, according to new data released by The Conference Board Friday.

Leading indicators rose 0.6 percent in January. Economists expected leading indicators to rise 0.5 percent, according to a Thomson Reuters poll.

The LEI has 10 components including manufacturer' new orders, stock prices, and average weekly initial claims for unemployment insurance.

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CNBC

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