Nation experiences modest growth in Feb.
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Most parts of the country saw modest economic growth in the past month, although there were pockets of sluggishness as businesses continued to cope with fallout from the troubled housing and automotive industries.
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The U.S. economy added a slightly weaker-than-expected 97,000 jobs in February, the smallest gain in more than two years, as increases in service-sector employment offset declines in construction and manufacturing, a government report showed on Friday.
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The economy grew at a 0.7 percent  annual pace in the first three months of this year, the weakest  in more than four years as businesses sold off inventories but  consumer spending remained strong, a Commerce Department report  on Thursday showed.
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U.S. businesses likely took on a moderate amount of new hires in February even as the economy started showing some more signs of weakness, economists say.
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Several U.S. regions noted slower  economic growth in the last weeks of February but price  pressures remained little changed despite tight labor markets,  the Federal Reserve said on Wednesday.
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U.S. industrial production rose 0.1 percent in January as expected and manufacturing output was unchanged, while manufacturing capacity utilization was at its lowest in almost a year, a Federal Reserve report showed on Friday.
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The U.S. service sector grew for the 47th straight month in February, although the rate of expansion moderated more than expected from January's torrid pace and pricing pressures eased, a report showed on Monday.
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Good news about US economic growth was offset by signs that the nation&#39;s consumers were feeling less giddy than they had for more than eight months.
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The U.S. economy will grow at a moderate clip in 2007 as consumer spending growth slows and business spending moderates during the second half, a key economic forecast released on Tuesday showed.
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WASHINGTON - The U.S. economy, struggling under the weight of a bloated trade deficit, grew at a relatively modest 2.8 percent annual rate in the second quarter, a slower pace of expansion than previously thought...
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The nationâs median household income grew modestly in 2006 even as the percentage of people without health insurance hit a high.
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U.S. retail sales rose a sluggish 0.1 percent in February amid unusually cold weather and despite firm auto sales, government data showed on Tuesday, raising expectations of an interest rate cut later this year.
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The service sector of the economy showed slower growth in January, as the rate of expansion in both employment and inflation pressures softened, the Institute for Supply Management said Thursday.
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U.S. businesses likely took on a  moderate amount of new hires in February even as the economy  started showing some more signs of weakness, economists say.
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Economic growth will likely pick up  modestly in the second half and then return to near-trend  growth in the first half of 2008, according to a survey  conducted by the Philadelphia Federal Reserve Bank.
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The nation's service sector expanded at a slower-than-expected rate in February amid a slowdown in new orders that economists think may help cool inflation.
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The United States will enjoy solid  growth, low inflation and falling unemployment next year, the  White House said on Friday in its official economic forecast  that would normally not be released until February.