US economic outlook 'improving'
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The outlook for the US economy in 2007 has picked up, a survey indicates, thanks to robust consumer spending.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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Amid growing signs of a US economic rebound taking root, the Federal Reserve appears likely to hold interest rates steady again at its upcoming policy meeting, analysts say.
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The US economy expanded at an annual rate of 3.7 per cent in the third quarter, which is below expectations. However, the Commerce Department says the rate has been bolstered by healthy consumer spending accompanied by the lowest inflation in decades.
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In its fall outlook, the global lender cuts estimates for US GDP growth for both 2004 and 2005. WASHINGTON  - US economic growth should pick up in the second half of 2004 but costlier oil and weak
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US Federal Reserve Board Chairman Alan Greenspan Wednesday gave a generally upbeat economic assessment to a congressional committee, saying the US economy seems over the last two months to have withstood the trauma of sharply rising energy prices.
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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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An important US economic measure moved higher in November for the first time in nearly half a year. The index of leading economic indicators, forecasting activity in the coming months, rose 0.2 points from
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U.S. stock futures rose on Wednesday on optimism the government will raise its estimate of third-quarter economic growth, a move that would suggest stronger momentum for corporate profits.
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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 outlook for the US economy in the coming quarters is favourable despite a continued fall in personal savings, US Federal Reserve Chairman Alan Greenspan was quoted as saying on Saturday.
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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 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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The U.S. jobs picture may have been better than first estimated from April 2005 to March 2006, according to new Labor Department estimates.
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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 latest economic data point to an acceleration in the US economy after the weakest growth in over four years, but some analysts say a full recovery is not yet in sight.
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US stock-index futures rose after comments from Federal Reserve Governor Susan Bies bolstered optimism the pace of economic growth may be sustained.