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Economic gauge's level edges down

October 05 2007

The Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Sept. 28 had a growth rate of 0.9%. The index level was 140.9, down from 141.0 in the prior week. The growth rate and level can move in different directions because the growth rate is derived from a four-week moving average.

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