On Air Now

Tune in to Listen

93.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
50° Feels Like: 50°
Wind: NNW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 82°

Tonight

Isolated Thunderstorms 54°

Tomorrow

Partly Cloudy 77°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

U.S. economic growth gauge climbs further: ECRI

NEW YORK (Reuters) - A measure of future U.S. economic expansion pushed higher last week, while the annualized growth rate rose to its loftiest level in more than a year, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index increased to 127.7 in the week ended October 5 from a revised 126.2 the previous week.

The prior week's figure was originally reported as 126.3.

The index's annualized growth rate accelerated to its highest level since May 2011 at 5.7 percent, from 4.6 percent.

(Reporting by Leah Schnurr; Editing by Dale Hudson)

Comments