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WLI Rises


A measure of future U.S.economic growth rose to a 39-week high in the latest week, while its annualized growth rate hit a 37-week high, 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 130.2 in the week ended Feb. 4 from 128.8 the previous week, originally reported at 128.9.

That was the highest level since May 7, 2010 when it stood at 132.1.

The index's annualized growth rate rose to 4.5 percent from 3.6 percent a week earlier, originally reported as 3.7 percent. That was the highest since May 21, 2010, when it stood at 5.2 percent.
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