updated 12/17/2009 10:09:29 AM ET 2009-12-17T15:09:29

A forecast of U.S. economic activity rose for the eighth straight month in November, signaling the economic rebound will continue next year, a private research group said Thursday.

The Conference Board said its index of leading economic indicators rose 0.9 percent last month, up from 0.3 percent in October.

The latest reading beat the 0.7 percent rise that economists surveyed by Thomson Reuters had expected.

The Conference Board said six of the 10 indicators it uses for the index increased last month.

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