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Economic gauge shows growth down

January 25 2008
The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Jan. 18 contracted 6.0%. ECRI's weekly leading index level fell to135.8 from 137.4 in the prior period.

The index level measures weekly changes while the growth rate is derived from a four-week moving average.

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