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ECRI WLI Ticks Up

A measure of future U.S. economic growth edged higher last week, while the annualized growth rate also picked up, 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 126.8 in the week ended Nov 30 from 126.2 the previous  week. That was originally reported as 126.3.

The index's annualized growth rate gained to 3.5 percent from 3.4 percent a week earlier.