Growth slows to four-year low in first quarter
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The economy grew at a 0.7 percent annual pace in the first three months of this year, the weakest in more than four years but slightly better than previously estimated, data showed  on Thursday.
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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 slowdown may signal that the economy is shifting down a notch from its unexpectedly robust pace of growth at the end of last year.
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US economic growth drops to a weaker-than-expected annual rate of 0.6% in the final quarter of 2007.
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Business productivity growth was revised down sharply in the fourth quarter to an annualized 1.6 percent pace, government data on Tuesday showed, suggesting inflation pressures as labor costs soared.
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Strained by an ailing housing market and credit woes, the economy in 2007 will log its worst growth in five years and be somewhat sluggish next year, according to one forecast.
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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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Hit by a decline in manufacturing, Britain&#39;s economy grew only 0.4 percent in the third quarter, the weakest quarterly performance since the beginning of 2003, the government reported on Friday.
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The economy grew at a 0.7 percent  annual pace in the first three months of this year, the weakest  in more than four years, but a closely watched inflation gauge  unexpectedly accelerated, data showed showed on Thursday.
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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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August employment grew at the slowest rate in four years.
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Business & money: Wage growth in the public sector slows to lowest level in nine years.
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Business productivity growth was revised down sharply as expected in the fourth quarter to an annualized 1.6 percent pace, government data on Tuesday showed, in a warning on inflation as labor costs soared.
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Service industries in the United States grew last month at the slowest pace in almost four years, suggesting the economic slowdown may be spreading beyond housing and manufacturing.
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Business & money: Five interest rate rises in a year resulted in the slowest growth in 20 months, according to report.
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GDP rose by only 0.6 percent last quarter, the slowest rate in one year.
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The U.S. economy should experience slower growth than originally anticipated for the remainder of the year and in 2007, the White House said Tuesday.