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U.S. economy growth gauge hits 36-week high - ECRI

 NEW YORK, Jan 21 (Reuters) - A measure of future U.S.
economic growth rose to a 36-week high, and the annualized
growth rate advanced to a 34-week high, 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 128.9 in the week ended Jan 14 from 128.1 the previous
week.
 That was the highest level since May 7, when it stood at
132.1.
 The index's annualized growth rate rose to 4.1 percent from
3.6 percent, originally reported as 3.7 percent, a week
earlier. That was the highest since May 21, when it was 5.2
percent.
(Reporting by Caroline Valetkevitch, Editing by Chizu
Nomiyama)


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