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Weekly Leading Index Ticks Down


Growth in The U.S. Weekly Leading Index (WLI) designed to forecast U.S. economic activity picked up last week, rising to 4.1% in the week ended April 18, from 3.9% in the previous week.

The index itself decreased to 134.6 from 134.9.

Occasionally the WLI level and growth rate can move in different directions, because the latter is derived from a four-week moving average.

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