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02-17-2011, 10:38 AM
WASHINGTON (MarketWatch) -- Monthly data about leading economic indicators and manufacturing activity are due for release at 10 a.m. Eastern. Economists surveyed by MarketWatch expect the Conference Board's leading economic index for January to rise 0.2%, compared with a 1% gain in December. The LEI is a weighted gauge of 10 indicators that are designed to signal business-cycle peaks and troughs. Also, Wall Street expects the Federal Reserve Bank of Philadelphia's manufacturing-activity index to rise to 20.8 in February from 19.3 in January, a sign of continued strength in the factory sector.
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