Indicators Suggest Economic Uptick
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The index of leading economic indicators edged higher in September, suggesting the economy might grow at a modest pace despite a worsening housing slump.
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U.S. data shows slightly stronger-than-expected growth but also pricing pressures.
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Surprising strength in the nation's service economy, coupled with recent data showing the manufacturing sector is humming along, suggest the broader economy may be shaking off slumps in the housing and automotive industries.
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The pace of economic growth has been a point of contention throughout the Presidential campaign, and just in time for Election Day, the government&#39;s advance report on
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WASHINGTON -- A string of government reports yesterday offered a mixed picture of the US economy.
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Bullish economic outlooks encourage investors.
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A widely watched gauge of economic activity increased slightly in June, suggesting continued economic growth, though at a slow to moderate rate for the time being, a research group said on Thursday.
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Many parts of the US see economic growth increase in April and May, the Federal Reserve's Beige Book says.
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The 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 coming week is expected to bring evidence of continued rises in upstream inflationary pressures alongside little change in the country's trade balance.
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Improving labor market conditions and cheaper energy prices led to a sharp increase in a widely watched indicator of consumer confidence in the economy in December, a good sign for growth heading into the new year.
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Growth in the Scottish economy will continue its upward trend into next year, according to a report.
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A closely watched survey of business  activity in the U.S. mid-Atlantic region showed evidence of  some slowing in the country's economic expansion on Thursday,  but an index used to gauge future growth gave more hopeful  signals.
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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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An index of leading economic indicators rose for a second month in October, the Conference Board reported yesterday.
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Signs that secured borrowing remains robust and firm data on manufacturing and retail sales, released on Thursday, painted the picture of an economy that has yet to be cooled by the recent spate of interest rate rises.
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Judging from what businesses and  consumers are throwing away, the U.S. economy is growing  steadily.