Economy grows by 0.7 percent in second quarter
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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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NEW YORK - A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks moderately higher Friday on hopes that the economic slowdown would not be as bad as first thought.    The 2.8 percent GDP growth in the second quarter, a revision from the 3 percent preliminary figure reported in July, is a far cry from the 4.5 percent growth in the first quarter...
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The British economy expanded by 2.9 percent during the first quarter of 2007 on a 12-month comparison, official data showed on Friday.
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The US economy grew at a healthy 3.7% 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 Friday.
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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 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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The economy grew at a faster than expected annual pace of 3.0 percent during the first quarter of 2007, official data showed on Friday.
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The Philippine economy grew at a stronger-than-expected 6.2 percent in the second quarter, nearly keeping up with the pace of the surprise 6.4-percent first-quarter expansion and bringing
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The U.S. economy grew faster in the  second quarter than previously thought as business inventories  rose at the strongest rate in four years, the government said  on Wednesday, a sign the soft patch was not as soft as feared.
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The economy grew an annualized 0.2 percent in the July-September quarter, not the 0.3 percent stated in the preliminary report last month, the government said Wednesday after tweaking the nation&#39;s gross domestic product under a new calculation method.
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The U.S. economy appears to be getting on a sustainable growth path with GDP expected to grow 2.8 percent in 2007, and the risks of inflation are slightly higher than those of an economic slowdown, according to a survey of economists released on Monday.
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Over all, the economy expanded by 2.2 percent in inflation-adjusted terms for all of 2007, the slowest rate of growth in five years.
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The US gross domestic product grew only 2.2 percent last quarter.
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The US economy grew at a strong pace of 4.0 percent in the second quarter, the government said Thursday in a revised estimate of gross domestic product for the April-June period.
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The Philippine economy registered a6.2 percent growth in the second quarter, higher than the 4.2 percent during the same period last year, National Statistical Coordinating Board
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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 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.