US economy expands 3.9 percent in third quarter
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The US economy grew at a faster-than-expected 3.9 percent annual pace in the third quarter of 2004, powered by robust consumer and business spending, the government revealed.
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The US economy grew at an annual rate of 3.3 percent in the spring, the government reported Wednesday. That was significantly better than a previous estimate but still the weakest showing in more than a year.
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Healthy business investment helped  the U.S. economy grow at a revised 3.8 percent annual rate in  the second quarter, slightly less than previously thought  because of brisker demand for foreign goods and services, the  Commerce Department said on Thursday.
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The economy grew at an annual rate of 3.7 percent in the summer as a big rebound in auto sales offset weakness from an exploding trade deficit, soaring oil prices and the Florida hurricanes, the government reported Friday.
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Britain's economy expanded by 0.8 percent in the third quarter of this year, according to official data published Friday.
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The US economy accelerated in the third quarter as consumers rediscovered a penchant to spend, economists forecast the government to report this week.
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WASHINGTON  - The US economy grew at a brisker-than-expected 4.0 percent annual growth pace in the third quarter, the government said, raising hopes for a solid 2005.
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The Commerce Dept. today estimated that the nation's gross domestic product expanded at an annual rate of 3.1 percent.
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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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The economy grew at an annual rate of 3.7 percent this summer as a big rebound in auto sales offset weakness from an exploding trade deficit, soaring oil
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The economy grew at a 3.7 percent annual rate in the third quarter _ a pace slightly better than in the spring but not as strong as many analysts expected.
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The U.S. Federal Reserve on Tuesday  raised interest rates for the third time this year by a quarter  of a percentage point and said the economy was regaining some  momentum after a slow period.
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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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U.S. economic activity expanded from mid-April through May, with a number of areas reporting stronger growth, the Federal Reserve said on Wednesday.
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The U.S. economy grew faster than first thought in third quarter on strong business investment, even as the housing sector posted its biggest decline in more than 15 years, the government said Wednesday.
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The US economy grew at a healthy 3.7% 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 Friday.
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The US economy grew at a 4% annual pace in the third quarter of 2004, a little faster than earlier estimated, the latest government figures show today.