Economy: next three to six months

(Bloomberg, May 19) -- "The index of leading U.S. economic indicators rose in April for a second month, the first back-to-back gain since October 2006, signaling that the current slowdown will be short-lived. The Conference Board's gauge increased 0.1 percent, better than forecast and matching the gain in March, the New York-based research group said today. The measure points to the direction of the economy over the next three to six months."