The Conference Board released its leading economic index (LEI) for the U.S. on Thursday. The leading economic index climb 0.4% in November, after a 0.6% rise in October.

The coincident economic index rose 0.1% in November, after a 0.2% gain in October.

"The U.S. LEI registered another increase in November, with building permits, the interest rate spread, and stock prices driving the improvement. Although the six-month growth rate of the LEI has moderated, the economic outlook for the final quarter of the year and into the new year remains positive," director of business cycles and growth research at The Conference Board, Ataman Ozyildirim, said.