US Midwest Business Growth Slower in Dec
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Business activity in the U.S. Midwest  expanded in December for the 20th consecutive month but at a  slower rate than expected, a report showed on Thursday.
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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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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll
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Stocks were nearly unchanged on Friday  after third-quarter gross domestic product data showed the U.S.  economy grew at a slower-than-expected pace, but another report  showed Midwestern business activity expanding in October.
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Growth in U.S. factory activity slowed  more than expected in September to its lowest since May, 2005,  with dips in measurements of employment and prices paid,  according to a survey published on Monday.
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The U.S. manufacturing economy unexpectedly contracted in December, ending a streak of 10 consecutive months of growth, a private research group said Wednesday. The decline suggests that the overall economy may be weakening faster than some economists predicted.
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Growth in U.S. factory activity slowed more than expected in September to its lowest since May, 2005, with dips in measurements of employment and prices paid, according to a survey published on Monday.
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U.S. small business optimism dipped slightly last month but remained near record levels, suggesting a strong outlook for growth, a survey released on Tuesday showed.
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Business activity in the U.S. Midwest  grew in September at a faster-than-expected rate, hinting that  the economy is climbing out of its summer slow patch, a report  showed on Thursday.
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WASHINGTON: US business productivity grew more slowly in the third quarter than first thought, a government report showed yesterday, while chain store sales fell in the crucial shopping week after Thanksgiving.
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BusinessWeek Online - November ended with a volley of unfriendly data for the U.S. economy, and it looks as if December is starting out the same way. Weakness in U.S. economic reports released on Dec. 1 concerning the Institute for Supply Management's factory sentiment index, and construction spending -- following the weak releases on durable goods orders, the Chicago purchasing managers' sentiment index, and initial jobless claims earlier in the week -- have taken a big chunk out of the near-term U.S. GDP outlook. But the reports probably won't move the Federal Reserve from its current policy path.
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The U.S. economy grew at a softer pace than first estimated in the final three months of last year as businesses slowed production to work off inventories and consumers spent less.
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The economy in many areas of the United States grew at a slower pace in late July and August as household spending softened, the Federal Reserve said in a report on Wednesday.
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The nation's service sector grew in December at a pace slightly slower than the month before, providing more evidence that the U.S. economy is struggling because of higher oil prices and a tight credit market.
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US economic growth should slow over the coming year as consumers cut back on spending, but improved business confidence should help hiring, a wide-ranging survey of forecasters found.
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Business & money: Market continued to slow in December with prices lower than in the summer months
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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.