US economy 'growing but sluggish'
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Many parts of the US see economic growth increase in April and May, the Federal Reserve's Beige Book says.
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The US 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 slightly better than first estimated in the first quarter, but still at the weakest pace in more than four years and inflation grew as well, data on Thursday showed.
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he United States economy grew more slowly in the second quarter than previously stated, as it struggled under an increasing trade deficit and a slowdown in consumer spending, the Commerce Department said in a report today.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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WASHINGTON, Oct 29  - The US economy grew at a 3.7 percent annual pace in the third quarter, the government said Friday, unleashing a last-gasp scrap in the lock-tight, four-day race to the White House.
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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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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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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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WASHINGTON  - US employment growth stumbled in November as 112,000 jobs were added, the government reported, suggesting the world&#39;s largest economy is growing more sluggishly than anticipated.
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The economy may grow slowly the first half of this year, the Bush administration said yesterday, but it is not in recession.
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Growth of the US economy slowed to an annual rate of 2.8 percent in the second quarter of this year, lower than the 3.0 percent rate previously estimated, the US Commerce Department reported on Friday.
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A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, disappointed some but confirms a still-sluggish pace of US economic growth, analysts said.
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The US economy grew at an annual rate of 3.3 percent in the spring, the government reported Wednesday. That was significantly better than a previous estimate but still the weakest showing in more than a year.
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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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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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The US economy appears to be emerging from a period of sluggish growth but is &quot;uncomfortably close&quot; to the &quot;stall speed&quot; associated with past recessions, the International Monetary Fund said Friday.