U.S. economic growth gauge down last week: ECRI
NEW YORK (Reuters) - A measure of future U.S. economic expansion hit a five-week low last week, as did the index's annualized growth rate, a research group said on Friday.
The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index fell to 126.2 in the week ended November 2 from 126.6 the previous week.
The index's annualized growth rate dipped to 5.1 percent from 5.9 percent a week earlier.
(Reporting by Dale Hudson; Editing by Chizu Nomiyama)
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