US economic barometer points to sluggish trend
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WASHINGTON : A closely watched index of future economic activity fell for a third straight month, suggesting a tepid pace of growth for the world&#39;s largest economy, analysts said.
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A widely watched barometer of future economic activity edged lower in September for the fourth month in a row, suggesting a slowing in economic growth, a private research group reported Thursday.
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WASHINGTON -- Strained by an ailing housing market and credit woes, the economy in 2007 is expected to log its worst growth in five years and should be somewhat sluggish next year.
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The US economy grew at a slower-than- expected 3.7 percent annual rate in the third quarter as rising oil prices contributed to a record trade deficit and companies added less to inventories.
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U.S. stock futures fell on Friday,  pointing to a lower market open, after third-quarter gross  domestic product data showed the U.S. economy grew at a  slower-than-expected pace.
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The U.S. economy grew at a weaker-than-expected 3.1 percent annual pace in the final quarter of 2004 year, its slowest since the beginning of 2003 as the country's trade performance deteriorated and inflation picked up, a government report on Friday showed.
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The US economy grew at a pace of 0.6% in the first quarter of 2007, its weakest rate in more than four years.
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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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NEW YORK A lackluster report on US gross domestic product sent stocks lower Friday as Wall Street worried that a lack of jobs and high energy prices were holding back economic growth.
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A slowdown in US economic growth during the second quarter was not as sharp as previously thought, the Commerce Department reported today.
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WASHINGTON -- A string of government reports yesterday offered a mixed picture of the US economy.
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WASHINGTON - The US economy continued to steam ahead in September and early October, but several districts reported slower growth amid rising energy costs, the Federal Reserve said Wednesday.
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The Commerce Department said Friday US economic growth in the second quarter grew at its slowest pace since the first quarter of 2003.
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The U.S. economy expanded by a weak 0.6 percent in the latest indication of a substantial economic slowdown.
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Growth in US services - the engine driving the world's biggest economy - has slowed sharply, a survey suggests.
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Growth of the US economy slowed to an annual rate of 2.8 percent in the second quarter of this year, lower than the 3.0 percent rate previously estimated, the US Commerce Department reported on Friday.
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The U.S. economyÂs third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon.