Paulson says growth slowing to sustainable pace
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The U.S. economy is slowing to a steady growth rate that provides a basis for dealing with necessary changes to retirement and health care programs, Treasury Secretary Henry Paulson said on Tuesday.
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Treasury Secretary Henry M. Paulson acknowledged the United States is experiencing a âsignificantâ housing market downturn but the economy should avoid recession.
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Economic growth in the Washington area is slowing as the federal government begins to temper spending on local goods and services, according to a report released yesterday by George Mason University's Center for Regional Analysis.
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The U.S. economy will be penalized by  the current crisis in credit markets but the overall outlook  was still benign, U.S. Treasury Secretary Henry Paulson said in  a newspaper interview published on Thursday.
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China must step up the pace of economic reforms because the rest of the world is growing impatient for it to do so, U.S. Treasury Secretary Henry Paulson said on Thursday.
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The U.S. economy will be penalized by the current crisis in credit markets but the overall outlook was still benign, U.S. Treasury Secretary Henry Paulson said in a newspaper interview published on Thursday.
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While the U.S. economy continued to  grow in late July and August, growth slowed in several regions  as household spending softened, the Federal Reserve said on  Wednesday.
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WASHINGTON (CBS.MW) -- The Bush administration sees growth in the US economy slowing to a 3.5 percent annual pace next year after closing out this year at a 3.9 percent rate.
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The U.S. economy is slowing but the  outlook is benign, while Japan is poised for its longest  post-war growth spell, OECD chief Angel Gurria said on  Thursday.
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Sock index futures fell further towards session lows on Tuesday after Treasury Secretary Henry Paulson said the U.S. economy slowed materially in recent weeks.
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U.S. economic growth, while  improving, has not hit the pace it was expected to do by now,  Federal Reserve Governor Mark Olson said on Monday.
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U.S. Treasury Secretary Henry  Paulson said on Tuesday a decline in U.S. housing activity has  caused some damage in subprime mortgage markets but was not  hurting the overall economy.
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In its annual report to Congress, the Bush administration acknowledged that deepening problems in the housing and credit markets will lead to slower growth than last year.
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China must step up the pace of economic  reforms because the rest of the world is growing impatient for  it to do so, U.S. Treasury Secretary Henry Paulson said on  Thursday.
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U.S. Treasury Secretary Henry Paulson said on Friday that November's U.S. jobs report was "good news" and indicated economic growth was on a solid path.
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Growth in business activity in the   U.S. Midwest slowed slightly in August, a report showed on   Thursday, but the data may signal the economy is in recession.
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Treasury Secretary Henry Paulson said on Wednesday a recovery in the subprime mortgage market will be slowed by a wave of interest rate resets and urged lenders to help troubled borrowers.