The ECRI Weekly Leading Index declines to 126.3 from a revised 126.6 last week, but the...

|By:, SA News Editor

The ECRI Weekly Leading Index declines to 126.3 from a revised 126.6 last week, but the annualized growth rate jumps to 4.7% from 3.8%. It's the highest level for the growth rate since June 2011. The group's future inflation gauge leaped to an 18-month high of 103.4 from 100.6.