US Economy Is Strong with Low Inflation
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Falling energy costs pulled down  U.S. consumer prices last month, but core inflation inched up  and housing starts surged, according to data on Wednesday that  bolstered expectations for a steady diet of interest-rate  rises.
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The economy is much stronger than the government reports, plus stocks are in short supply.
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Robust consumer spending on cars, furniture and food helped the U.S. economy advance faster than first thought in the third quarter, a government report showed, while underlying inflation was the tamest in decades.
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The US economy performed better than initially thought in the second quarter of 2006, revised data shows.
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US economic growth during the second quarter of the year was stronger than previously thought, the Commerce Department reported on Wednesday, partly because businesses
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The US economy grew at a strong pace of 4.0 percent in the second quarter, the government said Thursday in a revised estimate of gross domestic product for the April-June period.
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President Bush says recent statistics showing a slight drop in the US unemployment rate show America&#39;s economy is strong and growing stronger.
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US consumer prices rose by 0.2% last month, a US government report showed this afternoon, but the core inflation rate rose at its fastest pace in five months.
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Core U.S. consumer prices rose by a less-than-expected 0.1 percent in July, showing stable prices that held the year-on-year rate of nonfood, nonenergy inflation to 1.9 percent for the second month in a row, the Commerce Department said on Friday.
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U.S. consumer prices and costs   excluding food and energy both rose a modest 0.2 percent last   month, the government said on Friday in a report that could   reassure the Federal Reserve that inflation pressures are   easing.
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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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US Federal Reserve officials are growing more confident about the economic outlook. The economy, which grew at a 3.9 per cent annualised rate in the third quarter and is expanding
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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 US economy was stronger than first thought in the three months to 30 September, revised figures show.
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US Federal Reserve members saw evidence earlier this month that economic conditions were strengthening while inflation risks remained to the &quot;upside,&quot; according to minutes released Wednesday.
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The U.S. economy is growing robustly  despite a slowing housing sector, although inflation remains  above the central bank's comfort level, two top Federal Reserve  officials said on Monday.
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The U.S. economy grew at a stronger-than-expected pace in the final quarter of last year, boosted by robust spending and slowing inflation that more than offset the biggest decline in housing activity in 15 years, a government report on Wednesday showed.