NEW YORK (Reuters) - A measure of future U.S. economic growth decreased last 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 eased to 130.9 in the week ended December 13 from a revised 131.3 the previous week. That was originally reported as 131.4.
The index’s annualized growth rate slowed to 2.1 percent from the previous week’s revised 2.7 percent, a figure originally reported as 2.8 percent.
Americas Economics and Markets Desk; Editing by James Dalgleish