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THE ECONOMY.(TO THE POINT)

Investor's Business Daily

| March 04, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ECRI Weekly Leading Index rises

It rose 0.4 point to 120.5 in the Feb. 22 week, the Economic Cycle Research Institute said. Higher money supply and mortgage applications led the advance. But the six-month growth rate, a sort of moving average, fell to 2.1% from 2.2%.

Russia bans U.S. poultry imports

The move, effective March 10, seems to be an effort to add pressure on U.S. producers to divulge what antibiotics, preservatives and other substances are used. Ukraine has already banned such imports.

BoJ finally relents, adds liquidity

Bank of Japan Gov. Masaru Hayami had said the government needed to act. But the BoJ -- under heavy political pressure -- will up its monthly government bond buys to $7.5 bil from $6 bil.

Japan's job market deteriorates

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