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WLI Rises


A measure of future U.S. economic growth rose in the latest week, while its annualized growth rate jumped to its highest level since May, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index climbed to 130.5 in the week ended Feb. 18 from 129.5 the previous week.

The index's annualized growth rate increased to 6.1 percent from 4.9 percent a week earlier. It was the highest level since the week ended May 14, 2010 when it stood at 9.4 percent.
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