The economic outlook remained mixed Wednesday as the index of leading indicators rose 0.3% in July, while construction spending went down 0.5%.

The rise in the Conference Board's index, which was designed to predict economic growth over the next six months, was the eighth in the last 10 months. The gains were led by increases in factory orders, hours worked, and stock prices. The June figure was revised down dramatically, to a drop of 0.1% from an increase of 0.5%.

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