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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Killswitch who wrote (14667)9/27/2002 9:15:52 PM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
"Weekly Leading Index Slips

September 27, 2002

NEW YORK, Sept 27 (Reuters) - U.S. economic growth is suffering from a prolonged bout of weakness, a report showed on Friday, but is well above conditions normally considered recessionary.

The Economic Cycle Research Institute's weekly gauge of U.S. economic activity dipped to 119.0 in the week ended Sept. 20 from 119.3 in the previous week.

The index's growth rate, which smooths out weekly fluctuations, fell to 0.1 percent from 0.5 percent in the preceding week."