US econ growth gauge fell to a 6-week low- ECRI

http://www.reuters.com/article/idUSNLL3KE6FN20100903

US econ growth gauge fell to a 6-week low- ECRI

Fri Sep 3, 2010 10:30am EDT

 NEW YORK, Sept 3 (Reuters) - A measure of future U.S.

economic growth fell to a six-week low in the latest week,

while the annualized growth rate fell to a 3-week low, a

research group said on Friday.

 The Economic Cycle Research Institute, a New York-based

independent forecasting group, said its Weekly Leading Index

fell to 120.6 in the week ending August 27 from 120.9 the

previous week.

 That was the lowest since July 16, when it stood at 120.4.

 The index's annualized growth rate fell to minus 10.1

percent from minus 9.9 percent a week earlier. That was the

lowest since August 6, when it was minus 10.2.

 (Reporting by Edith Honan; Editing by Chizu Nomiyama)

http://www.businesscycle.com/