Forecasters See Slower Growth in 2005
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Despite soaring oil prices and a slumping dollar, the United States enjoyed a banner year in terms of economic growth in 2004, but the new year is likely to see a significant slowdown, private economists say.
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Germany's economic recovery will continue at a slower pace than expected, an economics institute said Tuesday as it lowered its 2005 growth forecast to 1.4 percent from 2.1 percent.
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Germany&#39;s leading economic research institutes are expected to predict a slowdown in economic growth in their autumn reports Tuesday.
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Strained by an ailing housing market and credit woes, the economy in 2007 will log its worst growth in five years and be somewhat sluggish next year, according to one forecast.
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Growth in U.S. factory activity slowed  more than expected in September to its lowest since May, 2005,  with dips in measurements of employment and prices paid,  according to a survey published on Monday.
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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 slightly better than previously estimated, data showed  on Thursday.
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U.S. manufacturing growth eased in  September to its slowest in more than a year, but home sales  and construction figures suggested a less abrupt decline in the  housing sector than many experts had foreseen.
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WASHINGTON -- The economy logged slower growth in the early fall as troubles in the housing and credit markets weighed on companies and individuals alike, the Federal Reserve reported Wednesday.
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The economy grew at a weaker-than-expected rate in the final three months of last year, the government's latest estimate on Wednesday showed, as businesses built fewer inventories and consumers spent less.
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US economic growth is expected to slow in 2005 due to rising interest rates and high crude oil prices, according to a forecast of participants at a Federal Reserve Bank of Chicago conference released on Monday.
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US economic growth will slow to 3.5 percent in 2005 from 3.9 percent this year, generating average monthly gains in payrolls of about 175,000 jobs, according to President George W. Bush&#39;s administration.
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The service sectors in the United States, Europe and Britain all posted the slowest growth in more than a year in September, surveys of purchasing managers showed Tuesday, suggesting global growth may be cooling.
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A think tank at People's University has forecast China's economic growth will slow to about 9.25 percent in 2007 and remain near that rate through 2010, the Beijing News reported on Sunday.
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NEW YORK -- The economy could be headed for slower growth in the next several months, according to a report released yesterday by a private research group. A separate report showed a drop in weekly claims for unemployment benefits.
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The US economy is expected to slow to a still-solid 3.5 percent growth pace in 2005, allowing it to trim a record budget shortfall, the White House said.
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The U.S. economy will expand at a weak pace next year, setting the stage for lower interest rates, according to a UCLA Anderson Forecast report released on Thursday.
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Growth in U.S. factory activity slowed more than expected in September to its lowest since May, 2005, with dips in measurements of employment and prices paid, according to a survey published on Monday.