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StumbleLeading indicators fall
Monday, Oct. 21, 2002 | 9:48 a.m.
NEW YORK -- A key measure of future economic activity fell in September, pulled down by the stock market. It was the fourth straight monthly decline in the index, and raised again the prospect of a "double dip" into recession for the U.S. economy.
The Conference Board reported today that its Index of Leading Economic Indicators fell 0.2 percent, matching Wall Street expectations.
However, the board's index of current economic activity held steady.
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