Latest reports indicate economy thrives
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Retailers scored solid sales and factories saw orders pick up, hopeful signs the economy isn't cracking under the pressure of high energy prices.
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Top Federal Reserve policy-makers  generally agreed on Thursday that U.S. economy was growing  nicely despite weak job growth and spiraling trade gaps.
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The US economy should expand modestly in coming months as a healthy job market continues to trump weakness in housing prices, a gauge of future business activity showed yesterday.
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The economy grew at its strongest pace in more than a year during the spring as solid improvements in international trade and business investment helped offset weakness in housing.
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With the economy continuing to rank as a top factor in the upcoming election, the latest &quot;beige book&quot; confirms that economic activity continued to expand through early October.
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Unexpected strength from weekly U.S. jobless claims provided rare good news for the troubled U.S. economy on Thursday, but a measure of buying demand in the housing market continued to chill.
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Currency fluctuations have worked out great so far, so why not hope for some more?
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Industrial production and new home construction rose sharply last month, suggesting that the economy is overcoming high energy prices and rebounding from the summer slump.
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WASHINGTON - The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought.
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Government reports released Thursday showed surprising resilience in the broader economy, even as the financial system and the housing market continue to weaken.
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Minutes from the Federal Reserveâs meeting last month also indicate that members were confident that the economy would survive the housing slump.
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The early data is in, and the results are clear: no recession today, but probably next year.
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The US economy is gaining momentum, bolstered by home building, shipping, and even the beleaguered manufacturing sector, the Federal Reserve said yesterday in a newly upbeat assessment.
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US industrial production and new home construction rose sharply last month, suggesting that the economy is overcoming high energy prices and rebounding from the summer slump.
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NEW YORK Oct. 1, 2004 - Manufacturing activity remained strong in September and construction spending surged to a record high in August, according to a pair of reports issued Friday that provided an optimistic look at the sturdiness of the economy.
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The U.S. economy is growing robustly  despite a slowing housing sector, although inflation remains  above the central bank's comfort level, two top Federal Reserve  officials said on Monday.
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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.