GDP growth below US economists&#39; expectations
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The US economy expanded at an annual rate of 3.7 per cent in the third quarter, which is below expectations. However, the Commerce Department says the rate has been bolstered by healthy consumer spending accompanied by the lowest inflation in decades.
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This year should mark another year of growth in the United States. That is hardly remarkable. What is remarkable, and perhaps unappreciated, is that growth has become the norm for the American economy.
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NEW YORK A lackluster report on US gross domestic product sent stocks lower Friday as Wall Street worried that a lack of jobs and high energy prices were holding back economic growth.
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The U.S. economy will grow slowly  during the first half of the year, but pick up strength as the  months pass, a survey of top forecasters showed on Saturday.
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The United States doesn't have much in the way of productivity in its future according to BLS projections.
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Washington, Dec. 18. (PTI):The growth rate of United States will slow down a little bit next year though the general economic conditions &quot;look very sound,&quot; Bush&#39;s economic advisers have warned.
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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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Despite soaring oil prices and a slumping dollar, the United States enjoyed a banner year in terms of economic growth in 2004, but the new year is likely to see a significant slowdown, private economists say.
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The expansion in gross domestic product came in below economists' forecasts forcasts, but was still up from 3.3 percent in the second quarter.
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US economic growth will slow to 3.5 percent in 2005 from 3.9 percent this year, generating average monthly gains in payrolls of about 175,000 jobs, according to President George W. Bush&#39;s administration.
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The economy grew at a 0.7 percent annual pace in the first three months of this year, the weakest in more than four years but slightly better than previously estimated, data showed  on Thursday.
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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
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US economic growth was stronger than previously thought in the third quarter because imports were less hefty than originally estimated, the government said on Wednesday, but corporate profits weakened.
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The U.S. economy will barely manage to grow in the first quarter this year while inflation will remain somewhat elevated, a quarterly survey issued by the Philadelphia Federal Reserve Bank showed on Tuesday.
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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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U.S. stock futures fell on Thursday   after a report showed revised second-quarter U.S. gross   domestic product below expectations, renewing concerns about   economic growth.
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The US economy&#39;s &quot;soft patch&quot; was not as weak as initial estimates, according to government data showing a 3.3 percent pace of expansion in the second quarter.