GDP growth revised up less than expected
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The economy grew more rapidly than   originally reported in the second quarter but an inflation   gauge was slightly lower, a government report said on   Wednesday, suggesting the Federal Reserve may be able keep   interest rates steady.
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The U.S. economy will barely manage to  grow in the first quarter this year while inflation will remain  somewhat elevated, a quarterly survey issued by the  Philadelphia Federal Reserve Bank showed on Tuesday.
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The US gross domestic product grew only 2.2 percent last quarter.
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The U.S. economy grew slightly faster than previously estimated in the first quarter, but still at the weakest pace in more than four years and inflation was higher as well, data on Thursday showed.
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Japan&#39;s economy grew 0.3 percent in April-June from the previous quarter, less than the 0.4 percent growth rate initially estimated, the government said Friday.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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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 as businesses sold off inventories but  consumer spending remained strong, a Commerce Department report  on Thursday showed.
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The forecast came as the U.S. revised upward its estimate for third-quarter gross domestic product growth to a robust 3.9 percent from 3.7 percent.
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UK economic growth is unexpectedly revised down to 0.7% in the three months to June, official figures show.
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A slowdown in US economic growth during the second quarter was not as sharp as previously thought, the Commerce Department reported today.
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The European Commission on Tuesday revised upwards its growth forecast for this year, but cut its prediction for 2005 GDP growth to 2.0 percent, in its regular autumn economic outlook report.
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The US economy expanded at a 3.7 percent annual rate in the third quarter, below expectations but still bolstered by healthy consumer spending that was accompanied
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The US economy grew at a slower pace than expected during the last three months of 2004, Commerce Department figures show.
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The US economy grew at a strong pace of 4.0 percent in the second quarter, the government said Thursday in a revised estimate of gross domestic product for the April-June period.
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The U.S. economy grew faster in the  second quarter than previously thought as business inventories  rose at the strongest rate in four years, the government said  on Wednesday, a sign the soft patch was not as soft as feared.
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The latest economic data point to an acceleration in the US economy after the weakest growth in over four years, but some analysts say a full recovery is not yet in sight.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.