Reports mixed on health of economy
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NEW YORK -- A pair of indicators offered a mixed picture of the economy yesterday as growth slowed among US manufacturers while commercial construction showed surprising resilience.
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Recently there has been a roiling debate about how to describe living standards in this country.
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Investor's Business Daily - That&#39;s a little softer than the prior reading of 4% and estimates for a 3.9% annual rate. But it&#39;s still the best in a year. Net exports were a little weaker than prior estimates said. Still, trade and business investment offset another sharp drop in home building as well as sluggish consumer spending. Most economists expect slower 2nd-half growth as a credit crunch takes its toll on housing and other sectors.
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Japan issued mixed economic data Tuesday in government figures for jobs, spending and sales in December, and officials responded cautiously amid other signs economic growth is slowing.
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Mixed signals from the markets and divided opinions from the experts may be unsettling, but they are consistent with the prospect of a long stretch of prosperity ahead.
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WASHINGTON -- Most parts of the country saw modest economic growth in the past month, although there were pockets of sluggishness as businesses continued to cope with fallout from the troubled housing and automotive industries.
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Wall Street stocks closed mixed Friday as investors concerned about economic health after the government report showed a drop in gross domestic product growth.
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The U.S. economy can't seem to make up its mind. It keeps showing strength and weakness, with fresh data yesterday providing still more mixed signals -- and fueling a debate over whether the housing slump is dragging the nation into a recession.
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The White House on Friday said the U.S. economy was showing a "mixed" picture and was expected to be stronger later in the year after some of the effects of the housing market slump and high oil prices worked through it.
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A leading index of the U.S. economy dipped in the latest week, and a continued lack of growth in the data shows no end in sight to the current slowdown, a report showed on Friday.
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Government reports released Thursday showed surprising resilience in the broader economy, even as the financial system and the housing market continue to weaken.
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JACKSONVILLE, Fla. -- The health of Americans is improving, but it&#39;s not getting better quite as fast in Florida and other southern states, according to a new report.
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Reports on factory orders and the labor market  portrayed an economy that is skirting recession as attention shifts to government figures on employment to be released Friday.
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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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WASHINGTON -- The economy rebounded with a good head of steam in the spring before a credit crisis raised new fears about longer-term business health.
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TORONTO (CP) - A new report says the health of the Great Lakes is mixed, and while the ecosystem is improving in some ways, there are many areas of troubling concern.  The report by Environment Canada and the U.S.
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Data to be released this week was expected to bring more evidence that the consumer side of the economy is faltering amid rising price pressures and a tight job market.