US economy grows 4.0 percent in third quarter
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WASHINGTON  - The US economy grew at a brisker-than-expected 4.0 percent annual growth pace in the third quarter, the government said, raising hopes for a solid 2005.
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The US economy grew at a faster-than-expected 3.9 percent annual pace in the third quarter of 2004, powered by robust consumer and business spending, the government revealed.
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The U.S. economy expanded at its fastest rate in four years during the third quarter, the government confirmed on Thursday, though it has slowed sharply since and is expected to keep doing so in 2008.
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The US economy will expand by 4 percent this year, sustaining the recovery begun in 2002, a senior US Treasury official said Sunday.
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WASHINGTON : The US economy&#39;s &quot;soft patch&quot; was not as weak as initial estimates, according to government data Wednesday showing a 3.3 percent pace of expansion in the second quarter.
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Robust consumer spending on cars,  furniture and food helped power U.S. economic growth forward in  the third quarter at a faster pace than previously thought, the  government said on Tuesday, while underlying inflation was the  tamest in decades.
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The Commerce Department Wednesday said its final report, or third reading, on gross domestic product showed the economy expanded at a revised annualized rate of 4.0%.
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WASHINGTON -- The economy snapped out of a sluggish spell and grew at a faster-than-expected 3.5 percent pace in the final quarter of last year as consumers ratcheted up spending despite a painful housing slump.
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The U.S. economy grew at its fastest rate in four years during the third quarter, the government confirmed on Thursday, but a surge in new claims for jobless benefits showed the labor market is softening.
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The US economy'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.
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U.S. stocks rose on Wednesday after the government raised its estimate of third-quarter economic growth, calming worries that the economy was slowing sharply.
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The US economy grew at a 4 percent annual rate from July through September, faster than previously estimated, according to government figures that suggest the expansion may continue at a similar pace into 2005.
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The U.S. economy grew at a slightly  stronger rate than thought in the third quarter because imports  were not as hefty as first estimated, the Commerce Department  said on Wednesday, though corporate profits weakened.
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The U.S. economy grew at a slightly stronger rate than thought in the third quarter because imports were not as hefty as first estimated, the Commerce Department said on Wednesday, though corporate profits weakened.
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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 US economy grew faster in the second quarter than previously thought as business inventories rose at the strongest rate in four years, the government said on
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The US economy increased at an annual rate of 4 percent in the third quarter of this year following a rate of 3.3 percent in the previous quarter, the Commerce Department reported on We dnesday.