US growth gauge little changed in latest week

A measure of future US economic growth was little changed in the latest week, while the annualised growth rate improved modestly, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index dipped to 122.3 in the week ended December 9 from 122.4 the previous week. That was originally reported as 122.5.
The index's annualised growth rate improved to minus 7.5 percent from minus 7.7 percent a week earlier.