U.S. economy grew at strong clip in 4th quarter
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The U.S. economy grew at a stronger  pace than expected in the final quarter of 2006 without raising  inflation pressures, government data showed on Wednesday, as  robust consumer spending more than offset the biggest slump in  housing in 15 years.
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U.S. business productivity rose at a much stronger-than-expected 3.0 percent annual pace in the fourth quarter while unit labor costs moderated, in good news for the inflation-wary Federal Reserve.
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WASHINGTON - The U.S. economy grew at an annual rate of 3.3 percent in the spring, the government reported Wednesday...
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Robust consumer spending on cars, furniture and food helped the U.S. economy advance faster than first thought in the third quarter, a government report showed, while underlying inflation was the tamest in decades.
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The economy grew at its strongest pace in more than a year during the spring as international trade and business investment helped offset weakness in housing, the government said.
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The U.S. economy grew at a healthy  3.7 percent annual rate in the third quarter this year,  bolstered by strong consumer spending and accompanied by the  lowest inflation in decades, the Commerce Department said on  Friday.
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The nation&#39;s economy grew at a moderately strong pace in the three months ending Sept. 30, driven by solid gains in consumer spending, the Commerce Department reported Friday.
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The U.S. economy grew faster than first thought in the third quarter on strong business investment, even as the housing sector posted its biggest decline in more than 15 years, the government said Wednesday.
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U.S. economic growth during the  second quarter of the year was stronger than 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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The country&#39;s economy has accelerated, carried by strong household and government spending, to reach its fastest annual pace in nearly four years, official figures show.
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The economy grew at its strongest pace in more than a year during the spring as solid improvements in international trade and business investment helped offset weakness in housing.
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The economy -- helped out by more brisk consumer and business spending -- grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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U.S. economic growth during the second quarter of the year was stronger than 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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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 US economy grew more quickly than previously thought in the three months to June, official figures suggest.
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Robust business investment helped push U.S. second-quarter growth ahead at an upwardly revised 4 percent annual rate, the government reported on Thursday, the fastest pace since early last year but one that is unlikely to be sustained.
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The U.S. economy grew at a stronger than expected pace during the final quarter of last year, boosted by robust spending and slowing inflation that more than offset the biggest decline in residential investment in 15 years, a government report on Wednesday showed.