WASHINGTON The government's main forecasting gauge of economicactivity rose moderately in June, while orders to U.S. factoriesadvanced solidly for the fourth straight month.
Meanwhile, the Federal Reserve, in its latest survey of businessactivity, said Wednesday that there are scattered signs of a slowdownbut also possible indications of rising prices.
Analysts said the economy has entered a period of modestexpansion marked by slower consumer spending, but with manufacturingcontinuing to grow at a healthy pace. It is not clear how likely theFederal Reserve is to raise interest rates again soon, they said.
The Commerce Department said its Index of Leading …
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