Economy Is Strong with Low Inflation
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Falling energy costs pulled down  U.S. consumer prices last month, but core inflation inched up  and housing starts surged, according to data on Wednesday that  bolstered expectations for a steady diet of interest-rate  rises.
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The economy is much stronger than the government reports, plus stocks are in short supply.
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The pound firmed following a slightly stronger than expected consumer confidence reading.
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The U.S. economy grew at a stronger  pace than expected in the final quarter of 2006 without raising  inflation pressures, government data showed on Wednesday, as  robust consumer spending more than offset the biggest slump in  housing in 15 years.
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WASHINGTON -- The economy grew at a 2.9 percent annual rate in the spring _ better than first estimated but nowhere near the brisk pace logged in the winter, another sign of slowing business growth. Inflation marched higher.
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The U.S. economy grew at a healthy  3.7 percent annual rate in the third quarter this year,  bolstered by strong consumer spending and accompanied by the  lowest inflation in decades, the Commerce Department said on  Friday.
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Do you want to see healthy economic growth, with low inflation and low unemployment rates? Then look outside your window. According to the scorekeepers at the Bureau of Economic Analysis, the
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Consumer prices rose just 0.1 percent in August, a sign that inflation poses no immediate risk to the economy. The over-the-month-increase in the Consumer Price Index, the government&#39;s most closely watched
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Sterling strengthened after a sharper-than-expected pick up in inflation in November.
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The national economy grew at a solid rate in the last three months, boosted by a rebound in consumer spending and another strong quarter of business investment, the Commerce Department reported yesterday.
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Bullish economic outlooks encourage investors.
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Prices and interest rates are up, but that isn't necessarily a bad thing
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Economic data released on Friday showed inflation under control in July while U.S. factories were busier than forecast, portraying a resilient economy in little need of an interest rate cut.
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The economy grew at a 0.7 percent annual pace in the first three months of this year, the weakest in more than four years, but a closely watched inflation gauge unexpectedly accelerated, data showed showed on Thursday.
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CHARLOTTE, NC, (CBS.MW) -- The US economy should be on a solid growth track in 2005 with low inflation, said Jeffrey Lacker, president of the Richmond Federal Reserve.
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Robust consumer spending on cars,  furniture and food helped the U.S. economy advance faster than  first thought in the third quarter, a government report showed,  while underlying inflation was the tamest in decades.
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The U.S. economy grew slightly better than first estimated in the first quarter, but still at the weakest pace in more than four years and inflation grew as well, data on Thursday showed.