Leading Indicators Point to Sustained Expansion in U.S.

The index of U.S. leading indicators rose in January and the cost of living climbed less than forecast, pointing to sustained economic growth with limited price pressures.

The 0.4 percent increase in the Conference Board’s gauge of the outlook for the next three to six months followed a 0.5 percent rise in December, the strongest back-to-back gains in almost a year. The consumer-price index rose 0.2 percent in January after no change, the Labor Department said today.