Economy shows progress as index rises most in 3 months

WASHINGTON (AP) — A measure of the U.S. economy's health rose in February by the largest amount in three months, suggesting growth should rebound following a severe winter.

The Conference Board says its index of leading indicators increased 0.5% in February following a slight 0.1% rise in January and a 0.1% decline in December. It was the best showing since a 0.9% gain in November.

Conference Board economists say the better-than-expected increase indicates any weather-related problems the economy is experiencing now will be short-lived and the economy will be poised for better growth in the second half of this year.