Now It&#39;s Official: US Growth Slowed
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US economic growth slowed more sharply in the second quarter than first thought as oil prices rose and the trade gap swelled, the government said on Friday in a report
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U.S. economic growth slowed abruptly  during the second quarter to less than half the pace seen at  the beginning of the year, while a key gauge of inflation  accelerated, the Commerce Department said on Friday.
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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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The US economy grew at a 2.8 percent annual rate from April through June, slower than the government estimated last month, as higher oil prices limited consumer spending and contributed to a record trade deficit.
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U.S. growth slowed in some parts of the country last month and private employers hired fewer people than expected, according to reports on Wednesday that chime with other weak signals from the economy.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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The economy grew at a sluggish 2.2 percent pace in the final quarter of last year, much slower than initially reported, in a kind of unusually large downward revision that has happened only seven times in the last 30 years.
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US manufacturing growth slowed more than expected in September - its sharpest drop in over a year - official figures show.
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The US economy grew more slowly in the second quarter than first thought amid shrinking corporate profits and higher imports, the government said on Friday in a report
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Annual US economic growth fell to 2.8% in the second quarter of 2004, marking a slowdown from the 3% estimated a month ago.
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The US economy grew at an annual rate of 2.2 percent in the fourth quarter, slower than the government first estimated, as companies stepped up efforts to curb inventories.
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WASHINGTON -- The economy almost stalled in the final quarter of last year with a growth rate of just 0.6 percent, culminating its worst year since 2002.
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The U.S. economy grew at a softer pace than first estimated in the final three months of last year as businesses slowed production to work off inventories and consumers spent less.
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The US economy grew at a pace of 2.2% in the last three months of 2006, down from a previous estimate of 3.5%.
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The UK&#39;s economic growth slowed in the third quarter as manufacturing output declined, preliminary data has shown. Gross domestic output (GDP) increased 0.4% in the three months to 18 October, according to
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The U.S. economy grew more slowly in  the second quarter than first thought amid shrinking corporate  profits and higher imports, the government said on Friday in a  report that confirmed momentum faltered in the spring.
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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll