Leading Indicators Fall in Nov.

From Yahoo! Finance: Leading indicators fall in November
The New York-based Conference Board on Thursday said its index of leading economic indicators fell for the second straight month, dropping 0.4 percent in November. That was slightly better than the 0.5 percent decline economists surveyed.

The index is designed to forecast economic activity in the next three to six months based on 10 economic components, including stock prices, building permits and initial claims for unemployment benefits.

Based on revised numbers, the index has decreased 2.8 percent in the six months through November, the worst drop since 1991, when the economy was in a recession.