Maureen Sanders looks for postings at the Employment Connection Wednesday, Sept. 2, 2009, in Parma, Ohio. Sanders, currently unemployed, is a recent graduate and is looking for a job as a dental assistant. New jobless claims fell slightly last week while the number of people receiving unemployment benefits rose, a sign the job market's recovery will be long and bumpy.
By CHRISTOPHER S. RUGABER, Associated Press
WASHINGTON (AP) — A measure of future U.S. economic activity rose in May, a sign the economy is likely to keep growing, though at a tepid pace.
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The Conference Board says that its index of leading economic indicators rose 0.3 percent last month, after a 0.1 percent drop in April. April's drop was the first in seven months.
An increase in building permits and rising new orders in a private survey of manufacturers drove the index higher.
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