US economy 'heading for slowdown'
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The US economy will slow in the second half of the year and the risk of recession remains, the OECD warns.
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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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WASHINGTON -- Despite soaring oil prices and a slumping dollar, the United States enjoyed a banner year in terms of economic growth in 2004, but the new year is likely to see a significant slowdown, private economists say.
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U.S. manufacturers expect the economy to  slow in 2007, as the weakening housing market continues to take  a toll on business, according to data released on Thursday.
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US economic growth will slow to 3.5 percent in 2005 from 3.9 percent this year, generating average monthly gains in payrolls of about 175,000 jobs, according to President George W. Bush&#39;s administration.
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Wall Street may find itself on the   defensive next week if reports on housing and growth suggest   that the United States economy is headed for an acute slowdown   despite the Federal Reserve's pause in its two-year cycle of   interest-rate increases.
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U.S. President George W. Bush's fiscal 2009 budget proposal released on Monday takes into account that the U.S. economy is facing a slowdown, the White House said.
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British data expected to provide further evidence of a widespread slowdown in the economy is likely to emerge in the coming week.
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WASHINGTON (AFX) - The US economy is losing steam, the Conference Board said Thursday, reporting that the index of US leading economic indicators fell 0.3 percent in October, the fifth straight decrease.
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US economic growth slowed more than expected in the second quarter of 2006, revised official data says.
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WASHINGTON: The US economy is pulling out of its recent soft patch and appears to be picking up steam, Federal Reserve chief Alan Greenspan said yesterday in remarks economists saw as cementing a September rate rise.
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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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A slowdown in the US will crimp global economic growth in 2007, a report from the OECD predicts.
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The U.S. economy is forecast to slow slightly next year, and inflation is expected to ease from this year's pace, the Philadelphia Federal Reserve Bank said on Tuesday.
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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 -- Restrained by a worse-than-expected slump in housing, the economy will grow at the slowest pace in five years in 2007, leading economic forecasters say. They predict consumers will get a break on inflation from falling energy prices.
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U.S. economic growth is expected to  slow in 2005 due to rising interest rates and high crude oil  prices, according to a forecast of participants at a Federal  Reserve Bank of Chicago conference released on Monday.