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WLI Little Changed
A measure of future U.S. economic growth was little changed in the latest week, while the annualized growth rate improved modestly, a research group said on Friday.
The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index dipped to 122.3 in the week ended Dec 9 from 122.4 the previous week. That was originally reported as 122.5.
The index's annualized growth rate improved to minus 7.5 percent from minus 7.7 percent a week earlier.
The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index dipped to 122.3 in the week ended Dec 9 from 122.4 the previous week. That was originally reported as 122.5.
The index's annualized growth rate improved to minus 7.5 percent from minus 7.7 percent a week earlier.