Euro-zone economic growth slows in final quarter 2004
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BRUSSELS, Belgium  - The growth of the euro-zone economy slowed in the final quarter of 2004 as Germany, the Netherlands, Italy and Greece each experienced a contraction in output, European Union data showed Tuesday.
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Germany's hesitant recovery slowed in the third quarter as exports slipped, with the economy growing by just 0.1 percent from the previous three months, according to government figures released Thursday.
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Eurozone growth falls by more than half between April and June 2007, official EU figures show.
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The U.S. economy grew at a weaker-than-expected 3.1 percent annual pace in the final quarter last 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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LONDON, November 11  - Germany witnessed a slowdown in its economic growth momentum during the third quarter this year, with the nation&#39;s GDP growth rate declining to 0.1% from the relatively robust growth rate of 0.4% in the first two
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Growth in manufacturing slowed from the euro zone to Japan in October as strong oil prices and a stuttering global economy took their toll, although British companies performed better, survey data showed.
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BRUSSELS - The European Central Bank has lowered its growth forecast for the eurozone economy this year to 1.8% from a previously projected 1.9%, and to 1.9% from 2.3% in 2005, sources close to the ECB said.
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The European Union reported lower-than-expected third-quarter growth for the euro zone Monday, but said the economy remained on track to expand by 2 percent over the year.
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Official figures show the 12-nation eurozone economy continues to grow, but there are warnings it may slow down later in the year.
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Germany&#39;s recovery slowed in the third quarter as exports slipped, with the economy growing by 0.1 percent from the previous three months, according to government figures released Thursday.
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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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The British economy grew by 0.4 percent in the third quarter of 2004 from the second quarter of the year, the slowest rate of growth since the first quarter of 2003.
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Economic growth slowed a bit in the final stretch of 2004, expanding at a still respectable 3.1 percent pace. For all of last year, though, the economy clocked in at its fastest clip since 1999, a compelling sign that the recovery is more deeply rooted.
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WASHINGTON -- The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
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The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
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The Land Registry confirms the housing market slowed down in the last quarter of 2004.
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Economic growth in the 12 nations that use the euro accelerated to 2.4 percent in the second quarter, the European Union said Monday, raising its forecast for the third-quarter but cutting it for the fourth.