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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (22350)1/28/2005 12:43:28 PM
From: mishedlo  Read Replies (1) of 116555
 
U.S. ECRI weekly leading index falls for 3rd week
Friday, January 28, 2005 4:06:42 PM
afxpress.com

WASHINGTON (AFX) -- Momentum in the U.S. economy has slowed in recent weeks, according to the Economic Cycle Research Institute's weekly index released on Friday. The weekly gauge of forward-looking economic indicators fell 0.5 percent last week, the third decline in a row after seven weeks of improvement in November and December. It would take a much larger decline over a longer period of time before the index would signal a recession, the ECRI has said
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