WASHINGTON, Dec 18 (Reuters) - The U.S. Conference Board's index of Leading Economic Indicators fell to its lowest level in more than four-years in November, the research group said on Thursday, underscoring the depth of the economic downturn.
The index fell by 0.4 percent to 99.0, the weakest since February 2004 when a reading of 97.8 was recorded. The index slipped by 0.9 in October to a revised 99.4.
Wall Street analysts had expected the leading index, a gauge of future economic conditions, to fall by 0.5 percent. (Reporting by Lucia Mutikani; Editing by Theodore d'Afflisio)