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US econ growth gauge falls to 3-week low-ECRI

 NEW YORK, Oct 15 (Reuters) - A measure of future U.S.
economic growth fell to a 3-week low in the latest week, while
the annualized growth rate was at its highest level since June,
a research group said on Friday.
 The Economic Cycle Research Institute, a New York-based
independent forecasting group, said its Weekly Leading Index
rose to 122.4 in the week ended Oct. 8 from 123.7 the previous
week.
 That was the lowest since Sept. 17, when it stood at
122.1.
 The index's annualized growth rate rose to minus 6.9
percent from minus 7.0 percent a week earlier. That was the
highest since June 11, when it stood at minus 6.1 percent.
 (Reporting by Edith Honan; Editing by Chizu Nomiyama)
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