Gauge of U.S. Economy Slips

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Higher jobless claims and slower money supply growth caused a gauge of future U.S. economic growth to slip in the latest week, a report said on Friday.


These moves were largely offset by higher stock prices. The Economic Cycle Research Institute, an independent forecasting group, said its weekly leading index edged down to 137.6 from 138.3 in the week ended May 12.






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