Investor's Business Daily - The Economic Cycle Research Institute's Weekly Leading Index, fell to 139.7 in the week ended Oct. 19 from 140.1 the prior week. Falling stock prices and the housing slump were to blame. The annualized growth rate fell to -0.5% from the prior week's -0.3%. "While economic growth will indeed slow, a recession is not likely," ECRI Managing Director Lakshman Achuthan told Reuters.
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