U.S. Economic Slowdown Was Less Abrupt
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A slowdown in U.S. economic growth  during the second quarter of the year was not as sharp as  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 economy in many areas of the  United States grew at a slower pace in late July and August as  household spending softened, the Federal Reserve said in a  report on Wednesday.
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Annual US economic growth fell to 2.8% in the second quarter of 2004, marking a slowdown from the 3% estimated a month ago.
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Fewer Americans filed jobless claims last week and growth in worker productivity slowed sharply in the third quarter, government data showed on Thursday, hinting that conditions in the sluggish U.S. labor market have improved.
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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 2006 as consumers increased spending despite a painful housing slump.
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WASHINGTON -- The economy ambled into the fall steadily but unstartlingly, with fresh signs of a slowdown as consumers watched spending more warily.
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The economy grew at a faster pace this spring than previously thought, but it was at its weakest in more than a year, providing ammunition to both candidates in the final weeks of the presidential race.
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U.S. manufacturing growth eased in  September to its slowest in more than a year, but home sales  and construction figures suggested a less abrupt decline in the  housing sector than many experts had foreseen.
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The U.S. economy grew at a  weaker-than-expected rate in the final three months of last  year, the government's latest estimate on Wednesday showed, as  businesses built fewer inventories and consumers spent less.
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The U.S. economy expanded by a weak 0.6 percent in the latest indication of a substantial economic slowdown.
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The US economy grew at a slower pace than expected during the last three months of 2004, Commerce Department figures show.
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The U.S. economy slowed more sharply  in the second quarter than first thought as oil prices rose and  the trade gap swelled, the government said on Friday in a  report that confirmed momentum faltered in the spring.
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US economic growth slowed more than expected in the second quarter of 2006, revised official data says.
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The U.S. economy grew at a weaker-than-expected 3.1 percent annual pace in the final quarter of 2004 year, its slowest since the beginning of 2003 as the country's trade performance deteriorated and inflation picked up, a government report on Friday showed.
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The US economy slowed less than previously estimated in the second quarter as exports and inventories grew, revised numbers from the government show.
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Most parts of the country managed to enjoy moderate economic growth in the late fall despite troubles in the housing market and the automotive industry.