Economic growth gauge eased last week: ECRI
NEW YORK (Reuters) - A measure of future economic growth edged lower in the latest week, while the annualized growth rate also slowed, 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 129.1 in the week ended February 15 from 129.7 the previous week. That was originally reported as 129.6.
The index's annualized growth rate decreased to 7.6 percent from 8.4 percent a week earlier, which was revised higher from 8.3 percent.
(Reporting by Meredith Mazzilli; Editing by Chizu Nomiyama)
- Air strike kills 15 civilians in Yemen by mistake: officials
- North Korea executes leader's powerful uncle in rare public purge |
- Student opens fire at Colorado high school, wounds two classmates
- Man arrested for suspected suicide plot to blow up Kansas airport |
- Storm to cloak Midwest to Northeast in snow, freezing rain