Friday, 11 May 2007

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

(Reuters) - Its annualized growth rate rose to 5.2 percent, a three-year high, from 4.4 percent the previous week.

"WLI growth has improved significantly of late; accordingly, the U.S. economic growth outlook is fairly optimistic in contrast with the more coincident sales figures recently released," said Lakshman Achuthan, managing director at ECRI.


Read more at Reuters.com Bonds News

No comments: