Economic indicator drops sharply in November

The U.S. leading index, which is intended to gauge future economic activity, dove 0.4 percent in November following a 0.5 percent drop in October, the Conference Board reported today. The index score of 136.3 in November was the lowest since mid-2005.

This index has fallen in four of the past six months, and seven of the 10 indicators that make up the index fell in November.

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