Economic Growth Reported Above Forecast
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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. incomes rose much more sharply  than expected in January, while spending and core consumer  price growth also outpaced forecasts, according to a government  report on Thursday that could heighten inflation concerns at  the Federal Reserve.
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U.S. stock futures rose on Wednesday on optimism the government will raise its estimate of third-quarter economic growth, a move that would suggest stronger momentum for corporate profits.
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Spending rose at twice the rate it did in June, suggesting that the economy may not be slowing as drastically as some had forecast.
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NEW YORK -- A closely watched measure of future economic activity rose for a second consecutive month in December, pointing to sustained, gradual growth.
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The U.S. economy is showing signs of  faster growth, according to reports released on Monday on the  Midwestern and New York City economies and U.S. personal  income.
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The economy grew at a faster than expected annual pace of 3.0 percent during the first quarter of 2007, official data showed on Friday.
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The expansion unexpectedly accelerated last month to the highest level in more than a year, a sign the economy is strengthening.
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TORONTO (CP) - Stock markets pushed higher Friday morning after a report that the US economy grew at a slower pace than had first been estimated by the government, but not as slow as some economists had expected.
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Robust business investment helped  push U.S. second-quarter growth ahead at an upwardly revised 4  percent annual rate, the government reported on Thursday, the  fastest pace since early last year but one that is unlikely to  be sustained.
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U.S. incomes rose much more sharply than expected in January, while spending and core consumer price growth also outpaced forecasts, a government report showed on Thursday.
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Strong business investment and higher exports drove the U.S. economy ahead at a robust 4 percent annual rate in the second quarter, before the onset of turmoil in credit markets that is expected to brake growth.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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Strong business investment and higher exports drove the U.S. economy ahead at a robust 4 percent annual rate in the second quarter before turmoil in credit markets struck that is expected to brake growth ahead.
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There's more to growth than just a high growth rate.
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U.S. consumers spent more than expected in January and manufacturing unexpectedly rose in February, according to reports on Thursday that suggested the economy was poised to grow even as inflation remained a risk.
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Britain's economy is growing faster than earlier forecasts, Treasury chief Gordon Brown said Wednesday in advance of an annual address to Parliament.