Economists see 5-year low in rate of growth
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WASHINGTON -- Restrained by a worse-than-expected slump in housing, the economy will grow at the slowest pace in five years in 2007, leading economic forecasters say. They predict consumers will get a break on inflation from falling energy prices.
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US economic growth should slow over the coming year as consumers cut back on spending, but improved business confidence should help hiring, a wide-ranging survey of forecasters found.
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Five years into a national economic recovery, the share of Americans living in poverty finally dropped.
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004, its slowest since the beginning of 2003 as the  country's trade performance deteriorated and inflation picked  up, a government report on Friday showed.
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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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Some experts contend that high borrowing rates and low supply signal ongoing decline.
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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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The Index of Leading Economic Indicators, a widely watched gauge of future economic activity, fell in October for the fifth straight month, suggesting that the economy may be slowing, a private research group reported Thursday.
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US News, CHICAGO - 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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U.S. 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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The growth expectations of German finance professionals have dropped to their lowest level in 15 months amid fears that slowing global economic growth could hurt the nation's export-driven recovery, according ...
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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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The UK economy is set to slow markedly in 2005, Deloitte warns, with growth of just 2%.
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The White House on Friday projected a slightly lower growth rate for the US economy of 3.5 percent in 2005, but cast the outlook as sound for a year in which it
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The chances of a recession are low even though UK economic growth will slow sharply, a report says.
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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 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.