Gauge of Economy Slips

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A jump in initial jobless claims after Hurricane Katrina caused a leading index of the U.S. economy to slip in the latest week, a report said on Friday.


The Economic Cycle Research Institute, an independent forecasting group, said its weekly leading index edged down to 135.3 in the week ended September 9 from a downwardly revised 135.8 in the prior week.


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