Friday, June 22, 2007

Gauge of U.S. economy inched down in latest week - ECRI

(Reuters) - The index's annualized growth rate was unchanged at 6.7
percent, although the previous week's number was revised down
from 6.9 percent.




"Notwithstanding sporadic concerns about the economy, WLI
growth is holding at a 37-month high," said Lakshman Achuthan,
managing director at ECRI. "Thus, U.S. economic growth is
poised to firm in the months ahead."


Read more at Reuters.com Economic News

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