Economy May Slow This Summer
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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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Business & money: Â· US economy cools with housing market problemsÂ· Bank rates expected to go in opposite directions
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With recession looming, there are pitfalls and opportunities.
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WASHINGTON -- Growth in the manufacturing sector slowed in August while construction spending dropped sharply in July, indicating turmoil in the housing and financial markets could be spilling over to the broader economy.
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US consumer spending is on the rise again, a sign the economy may be emerging from an early summer decline.
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U.S. consumer confidence retreated in  August while Chicago-area business activity slowed, according  to reports on Tuesday that added to worries the economy's patch  of slow growth may last beyond the summer.
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US consumer confidence sank in August while Chicago-area business activity slowed, according to reports on Tuesday that added to worries the economy&#39;s patch of sluggish growth may last beyond the summer.
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The economy sprinted ahead at its fastest pace in four years during the summer, although it is expected to limp through the final three months of this year as housing and credit woes weigh on individuals and businesses.
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The U.S. economy should contract slightly in coming months as the ongoing slump in the housing industry takes a deeper toll on the economy, a gauge of future business activity showed Thursday.
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The US economy saw limited growth from mid July, says the Federal Reserve in its Beige Book survey.
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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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A slowing  economy may be a drag on corporate profits, some analysts say.
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WASHINGTON -- Business growth slowed to a 2.2 percent pace in the late summer, a much better performance than anticipated and an encouraging sign that the housing slump hasn't significantly dragged down the economy.
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The U.S. economy is forecast to slow slightly next year, and inflation is expected to ease from this year's pace, the Philadelphia Federal Reserve Bank said on Tuesday.
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NEW YORK - A closely watched measure of future economic activity fell in July for the second consecutive month, reinforcing evidence that the nation's financial recovery is slackening.    The Conference Board said Thursday its Composite Index of Leading Economic Indicators dropped by 0.3 percent in July to 116.0, following a revised decline of 0.1 percent in June...
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The economy could be headed for slower growth in the next several months, according to a report released Thursday by a private research group.
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The U.S. economy can weather a  slowdown in the housing sector as rising incomes and business  investment offer support, Federal Reserve officials said on  Wednesday as they pointed to inflation risks.