Gauge of US economy posts solid 0.8 percent gain in September, signaling further growth

Economic IndicatorsAssociated Press

A gauge designed to predict the economy's future health posted a solid increase in September after no gain in the previous month.

The Conference Board says its index of leading indicators rose 0.8 percent last month following a flat reading in August which originally had been reported as a small 0.2 percent gain.

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Economists expect that continuing strong gains in employment should boost incomes and help support solid economic growth in the United States in coming quarters despite a weaker outlook overseas.