U.S. leading index growth rate at fresh 3-year high-ECRI

(Reuters) - Its annualized growth rate reached a three-year high for a
third consecutive week at 6.4 percent, from 6.1 percent the
previous week.




"The WLI is showing broad-based strength in its
forward-looking components, including those for the services
and industrial sectors. Therefore, the prospect of a recession
is minuscule at this point," said Lakshman Achuthan, managing
director at ECRI.


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