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Weekly Leading Index Rises

A leading gauge of the U.S. economy rose in the latest week..., a report said on Friday.

The Economic Cycle Research Institute, an independent forecasting group, said its weekly leading index edged up to 135.4 in the week ended Nov. 25, compared with a downwardly revised 134.7 in the previous week.

The growth rate was 1.5 percent, compared with 1.2 percent in the prior week.

"Since last summer the growth rate of the weekly leading index eased off a bit which means going into 2006 we will see some easing of economic growth," said Anirvan Banerji, director of research at ECRI.