Economy stronger than first thought in third quarter
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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 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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U.S. economic growth during the  second quarter of the year was stronger than previously  thought, the Commerce Department reported on Wednesday, partly  because businesses built up inventories at the strongest rate  in four years.
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U.S. stocks rose on Wednesday after the government raised its estimate of third-quarter economic growth, calming worries that the economy was slowing sharply.
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The U.S. economy shot forward at an  upwardly revised 5.3 percent annual rate in the first quarter,  the fastest growth in 2-1/2 years, as companies built up  inventories and exports strengthened, a Commerce Department  report on Thursday showed.
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Robust consumer spending on cars,  furniture and food in the third quarter helped the U.S.   economy advance more quickly than first thought, a government  report showed on Tuesday, while underlying inflation was the  tamest in decades.
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Robust consumer spending on cars,  furniture and food helped power U.S. economic growth forward in  the third quarter at a faster pace than previously thought, the  government said on Tuesday, while underlying inflation was the  tamest in decades.
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The US economy picked up speed in the third quarter to expand at a 3.7 percent annual rate, the government reported Friday in the last significant look at the economy before Election Day on Tuesday.
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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 U.S. economy grew faster than first thought in the 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 3.7 percent annual rate in the third quarter - a pace that was slightly better than in the spring but not as strong as many analysts expected.
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The US 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
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The economy grew at a 3.7 percent annual rate in the third quarter &#151; a pace slightly better than in the spring but not as strong as many analysts expected. Friday's government report was the last broad snapshot of economic activity before Election Day and provided political ammunition for both sides.
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Britain&#039;s economy has grown by more than previously thought in the first three months of the year, while annual numbers for 2001-2005 were also adjusted upwards, official data showed.
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US economic growth was stronger than previously thought in the third quarter because imports were less hefty than originally estimated, the government said on Wednesday, but corporate profits weakened.
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The US economy grew at a slightly stronger rate than thought in the third quarter because imports were not as hefty as first estimated, the Commerce Department said on Wednesday, though corporate profits weakened.
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The Philippine economy continued to grow robustly in the third quarter despite rising consumer prices, with the gross domestic product expanding by 6.3 per cent from a year ago