US yearly growth gauge edges higher

Posted by 7Star Saturday, May 23, 2009

A measure of US future economic growth inched higher in the latest week, while its yearly growth rate continued to climb toward positive territory, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index edged up to a 29-week high of 111.1 for the week ending May 15 from 111.0 the prior week.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog