The index of U.S. leading economic indicators climbed more than forecast in July, a sign of sustained expansion in the world’s largest economy.

The Conference Board’s gauge of the outlook for the next three to six months increased 0.4 percent after a revised 0.4 percent drop in June, the New York-based group said today. Economists projected the gauge would rise by 0.2 percent, according to the median estimate in a Bloomberg survey.

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