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View All NewsEconomic gauge's growth rate contracts
January 11, 2008
The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Jan. 4 contracted 6.7%. ECRI's weekly leading index level rose to 136.6 from 135.1.
The index level measures weekly changes, while the growth rate is derived from a four-week moving average.