US Second-Quarter GDP Downgraded
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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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The U.S. economy, struggling under the weight of a bloated trade deficit, grew at a relatively modest 2.8 percent annual rate in the second quarter, a slower pace of expansion than previously thought.
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Offering more evidence that the nation's economic recovery is losing steam, a closely watched gauge of future business activity fell in July for the second consecutive month.
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NEW YORK Aug. 19, 2004  Offering more evidence that the nation&#39;s economic recovery is losing steam, a closely watched gauge of future business activity fell in July for the second consecutive month.
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NEW YORK, October 21  - The US leading economic indicators declined for the fourth consecutive month in September this year indicating sluggish economic growth going into 2005.
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US economic growth slowed more than expected in the second quarter of 2006, revised official data says.
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U.S. Treasury debt slid for a second session on Tuesday as data showed the U.S. economy expanded at a slightly faster pace than first thought in the third quarter, though inflation remained subdued.
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NEW YORK Aug. 19, 2004 - Offering more evidence that the nation&#39;s economic recovery is losing steam, a closely watched gauge of future business activity fell in July for the second consecutive month.
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The US economy grew more slowly in the second quarter than previously stated, as it struggled under an increasing trade deficit and a slowdown in consumer spending, the Commerce Department said Friday.
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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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Skyrocketing energy prices are   expected to help lead to subdued U.S. economic growth for the   second half of this year, averaging 2.6 percent, according to a   survey of economists released on Monday.
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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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he United States economy grew more slowly in the second quarter than previously stated, as it struggled under an increasing trade deficit and a slowdown in consumer spending, the Commerce Department said in a report today.
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Initial claims for U.S. jobless benefits fell to their lowest level in two months last week, but a forward-looking indicator of economic activity suggests cooler growth in the second half of 2007, according to reports on Thursday.
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Expected 2007 eurozone economic growth is downgraded after the recent markets turmoil.
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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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In its fall outlook, the global lender cuts estimates for US GDP growth for both 2004 and 2005. WASHINGTON  - US economic growth should pick up in the second half of 2004 but costlier oil and weak