Economy seen showing slight growth
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A gauge of future economic activity edged higher in September, suggesting the economy may continue to trudge forward at a modest pace despite a worsening housing slump.
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The number of U.S. workers filing   new claims for jobless aid rose slightly last week, while a   forward-looking economic gauge hit its lowest in nearly a year,   according to data on Thursday that painted a picture of modest   growth.
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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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Skyrocketing energy prices are  expected to help lead to subdued U.S. economic growth for the  second half of this year, averaging 2.6 percent, according to a  survey of economists released on Monday.
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The White House on Friday projected a slightly lower growth rate for the US economy of 3.5 percent in 2005, but cast the outlook as sound for a year in which it
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The economy will likely pick up in 2007 after output growth slows rapidly in late 2006, according to a survey conducted by the Philadelphia Federal Reserve Bank released on Thursday.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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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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U.S. stocks are seen opening flat on  Friday after a government report showed that the U.S. economy  grew more slowly in the second quarter but at a rate that  matched economists' forecasts.
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Economic growth picked up slightly in the second quarter of 2007, official data showed Friday, but analysts forecast slower expansion later this year owing to recent interest rate hikes.
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Economic growth clocked in at a 2.6 percent pace in the spring, even slower than previously thought.
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The economy grew at a 3.7 percent annual rate in the third quarter _ a pace slightly better than in the spring but not as strong as many analysts expected.
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A report into fish stocks in the seas around Europe is expected to say there has been a slight recovery.
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California's economy will grow at  a modest pace this year in an uneven recovery that will chip  away at an unemployment rate projected to remain higher than  the national average, according to a closely watched economic  forecast released on Wednesday.
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The Bush administration predicted on Friday that economic growth would slow to 3.5 percent from about 4 percent next year but still be strong enough to reduce unemployment slightly.
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The U.S. economy grew slightly faster than previously estimated in the first quarter, but still at the weakest pace in more than four years and inflation was higher as well, data on Thursday showed.
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WASHINGTON -- The economy almost stalled in the final quarter of last year with a growth rate of just 0.6 percent, culminating its worst year since 2002.