Economy Nearly Stalled in First Quarter
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WASHINGTON -- The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
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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 will grow at a  sluggish pace for the remainder of this year and into 2007 as  the worst of inflationary pressure is yet to come, a survey of  top forecasters showed on Thursday.
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WASHINGTON -- The economy ambled into the fall steadily but unstartlingly, with fresh signs of a slowdown as consumers watched spending more warily.
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Reports on factory orders and the labor market  portrayed an economy that is skirting recession as attention shifts to government figures on employment to be released Friday.
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NEW YORK -- A pair of indicators offered a mixed picture of the economy yesterday as growth slowed among US manufacturers while commercial construction showed surprising resilience.
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A slowing  economy may be a drag on corporate profits, some analysts say.
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The U.S. economy 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 that confirmed momentum faltered in the spring.
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Slumping corporate spending and exports caused the economy to slow to a crawl in the July-September period, with real gross domestic product expanding just 0.1 percent from the previous quarter, Cabinet Office data showed Friday.
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India&#39;s economy accelerated by a surprise 9.3 percent in the first quarter as industry and services grew strongly but a slowdown loomed, analysts warned Friday.
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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
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004, its slowest since the beginning of 2003 as the  country's trade performance deteriorated and inflation picked  up, a government report on Friday showed.
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A leading index of the U.S. economy  dipped in the latest week, and a continued lack of growth in  the data shows no end in sight to the current slowdown, a  report showed on Friday.
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Most areas of the United States  reported moderate economic growth through the first weeks of  November and labor markets were tight in many regions, the  Federal Reserve said on Wednesday.
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Despite an apparently imminent slowdown, economic policy and the general state of the economy have hardly made it onto the evening news of late.
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The U.S. economyÂs third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon.
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Those planning to look for a job in the Kalamazoo area during the first quarter of 2005 might find the going slow. The pace of hiring among area employers is expected to be slow during the first quarter of