US economic growth drops sharply
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US economic growth drops to a weaker-than-expected annual rate of 0.6% in the final quarter of 2007.
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The pace of U.S. economic growth   softened more sharply than expected in the second quarter and   corporate profits rose feebly, according to a Commerce   Department report on Thursday that pointed to a significant   easing in expansion.
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WASHINGTON - The US economy grew by less than initially projected between April and June, coming in at an annual rate of 2.8 per cent.
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The US economy grew more slowly in the second quarter than first thought amid shrinking corporate profits and higher imports, the government said on Friday in a report
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NEW YORK, September 23  - The US Composite Index of Leading Economic Indicators, a closely-monitored measure of future economic activities, declined for the third consecutive month in August this year.
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WASHINGTON -- The economy almost stalled in the final quarter of last year with a growth rate of just 0.6 percent, culminating its worst year since 2002.
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The US economy appears to be emerging from a period of sluggish growth but is &quot;uncomfortably close&quot; to the &quot;stall speed&quot; associated with past recessions, the International Monetary Fund said Friday.
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The British economy braked sharply in the third quarter when growth slowed to 0.4 percent, the weakest pace for over a year, as a string of interest rate rises took effect, official figures showed.
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A plunge in construction spending threatens to drive the American economy into recession.
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US manufacturing growth slowed more than expected in September - its sharpest drop in over a year - official figures show.
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The US Index of Leading Economic Indicators, a key gauge of where the nation&#39;s economy is headed, fell for the fourth time in a row last month, according to a report Thursday.
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WASHINGTON - Stock markets in the United States dropped sharply Friday after Federal Reserve Board Chairman Alan Greenspan warned about the risks to the economy posed by continued high US trade deficits.
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U.S. manufacturing growth slowed in  June and construction spending in May unexpectedly staged its  biggest drop since September 2004, data showed on Monday,  adding to signs the economy is cooling.
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Economic growth slowed sharply in the third quarter of 2004 to its weakest since the run-up to the Iraq war early last year, reinforcing expectations
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The economy almost stalled late last year, with its worst growth rate since 2002.
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U.S. growth was the weakest in five years for all of 2007, highlighting the economic toll housing woes have taken.
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Slowing activity in the US economy and a possible sudden cooling of overheated property markets are the main threats to the world economy in 2007 after vigorous recovery this year.