Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

U.S. economic growth gauge strengthens slightly: ECRI

[December 28, 2013]  NEW YORK (Reuters) — A measure of future U.S. economic growth increased last week while the annualized growth rate slowed, 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 131.9 in the week ended December 20 from 130.9 the previous week.

The index's annualized growth rate decreased to 1.9 percent from 2.1 percent a week earlier.

(Americas Economics and Markets Desk)

[© 2013 Thomson Reuters. All rights reserved.]

Copyright 2013 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.