U.S. Economy Seen on Solid Footing
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Orders for U.S. durable goods fell  unexpectedly in August but beat forecasts once transportation  equipment was stripped out, government data showed on Friday in  evidence the economy is again pumping strongly.
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U.S. investors remain confident in the health of the economy and most expect the U.S. stock market to hold near its recent record levels or extend them modestly, according to a Reuters/Zogby poll released on Wednesday.
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Trade deficit figures headline a light week for economic data.
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Employment climbed at a steady pace in December, suggesting the economy is on a solid footing but that employers are still cautious about hiring.
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CHARLOTTE, NC, (CBS.MW) -- The US economy should be on a solid growth track in 2005 with low inflation, said Jeffrey Lacker, president of the Richmond Federal Reserve.
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The U.S. economy should perform well  this year and in 2007 despite higher energy prices, the Federal  Reserve said in its 2005 report on Monday.
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Weekly data come in line with expectations, feeding hopes for a rate cut while limiting recession fears.
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In the last major economic report before Tuesday&#39;s presidential election, the government reported Friday that the economy looked solid in the third quarter - just not as strong as most analysts had expected.
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Strong business investment and higher exports drove the U.S. economy ahead at a robust 4 percent annual rate in the second quarter before turmoil in credit markets struck that is expected to brake growth ahead.
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The US economy should expand modestly in coming months as a healthy job market continues to trump weakness in housing prices, a gauge of future business activity showed yesterday.
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The United States will enjoy solid growth, low inflation and falling unemployment next year, the White House said on Friday in its official economic forecast that would normally not be released until February.
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The nation&#39;s economy grew at a moderately strong pace in the three months ending Sept. 30, driven by solid gains in consumer spending, the Commerce Department reported Friday.
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The U.S. economy will grow at a moderate clip in 2007 as consumer spending growth slows and business spending moderates during the second half, a key economic forecast released on Tuesday showed.
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The U.S. job market should improve steadily this year, while consumer inflation eases and oil prices decline -- all good news, that is, if nothing goes wrong with the sunny economic forecasts released in recent weeks by many private and government economists.
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The US economy is resilient over time and growth is likely to remain in the 3-4 percent range, Minneapolis Federal Reserve President Gary Stern said on Friday.
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The U.S. economy grew at a stronger  than expected pace during the final quarter of last year,  boosted by robust spending and slowing inflation that more than  offset the biggest decline in residential investment in 15  years, a government report on Wednesday showed.
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The labor market is holding steady, businesses are rebuilding inventories and the consumer is still spending, all signs pointing to stronger economic growth in the latter part of this year.