Reports suggest slower growth
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Consumer spending rebounded in September and manufacturing activity expanded in October, though at a slower pace than in the previous month, providing further
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While a âmodest expansionâ continued in most regions of the country from early January to late February, the Federal Reserve said that several areas have noticed a slowdown in growth.
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U.S. manufacturing growth eased in September to its slowest in more than a year, but home sales and construction figures suggested a less abrupt decline in the housing sector than many experts had foreseen.
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The U.S. economy grew at a weaker-than-expected rate in the final three months of last year, the government's latest estimate on Wednesday showed, as businesses built fewer inventories and consumers spent less.
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The U.S. manufacturing sector will grow at a slower pace over the next two years than it did in 2006, according to a new report, as new clean-air rules for diesel engines, and continued weakness in the housing and auto industries, weigh on key industrial end markets.
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The market reversed as some statistics suggested economic growth might be slowing more than traders had anticipated.
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The Commerce Department said Friday US economic growth in the second quarter grew at its slowest pace since the first quarter of 2003.
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U.S. growth skidded lower in the fourth quarter and was the weakest in five years for all of 2007, according to a government report on Wednesday that highlighted the toll an enfeebled housing sector has taken on the national economy.
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U.S. growth slowed in some parts of the country last month and private employers hired fewer people than expected, according to reports on Wednesday that chime with other weak signals from the economy.
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Business & money: Five interest rate rises in a year resulted in the slowest growth in 20 months, according to report.
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U.S. business productivity grew more  slowly in the third quarter than first thought, climbing at a  revised 1.8 percent annual rate, a government report showed on  Tuesday, while growth in unit labor costs was nudged up to a  1.8 percent pace.
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A slowdown in U.S. economic growth  during the second quarter of the year was not as sharp as  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. business productivity grew more slowly in the third quarter than first thought, climbing at a revised 1.8 percent annual rate, a government report showed on Tuesday, while growth in unit labor costs was nudged up to a 1.8 percent pace.
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Growth in U.S. factory activity slowed more than expected in September to its lowest since May, 2005, with dips in measurements of employment and prices paid, according to a survey published on Monday.
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The U.S. economy grew at a softer pace than first estimated in the final three months of last year as businesses slowed production to work off inventories and consumers spent less.
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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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WASHINGTON -- The economy logged slower growth in the early fall as troubles in the housing and credit markets weighed on companies and individuals alike, the Federal Reserve reported Wednesday.