U.S. leading index growth slows down in week ended on December 6

A weekly leading indicator forecasting a future performance of the U.S. economy recorded a decline in the week until December 6, a report published by the ECRI unveiled on Friday. According to the report, the U.S. annual growth is expected to slow down as the index showed a fall from 132.7 to 131.4 last week with the growth dropping from 2.9% to 2.8% during the week.