Reports Give Mixed Picture of U.S. Economy
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A string of government reports on  Thursday offered a mixed picture of the U.S. economy while  unexpectedly poor August sales at major U.S. retailers fanned  fears about consumer spending.
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The White House on Friday said the U.S. economy was showing a "mixed" picture and was expected to be stronger later in the year after some of the effects of the housing market slump and high oil prices worked through it.
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Growth in the vast U.S. services sector slowed in September, but mixed data on employment on Tuesday focused economists' attention on upcoming payrolls data to get a clearer sign about the outlook.
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The U.S. economy is showing signs of  faster growth, according to reports released on Monday on the  Midwestern and New York City economies and U.S. personal  income.
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Its rate cuts haven't been aggressive enough to boost the economy, say some analysts.
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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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The U.S. economic outlook dimmed  somewhat on Tuesday after reports said business productivity  grew more slowly in the third quarter than first estimated,  labor costs rose and other indicators signaled softening  activity.
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A closely watched survey of business activity in the U.S. mid-Atlantic region showed evidence of some slowing in the country's economic expansion on Thursday, but an index used to gauge future growth gave more hopeful signals.
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NEW YORK - Stocks were narrowly mixed Wednesday as investors digested a jump in the second-quarter gross domestic product, while keeping a close eye on falling oil prices.    Investors saw the Commerce Department report, which said the nation's GDP grew 3.3 percent from April to June, as fairly good news, with a few caveats...
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The US economy is expanding at an uneven pace amid a cooling of the housing and automobile markets, with inflation pressures easing in some cases, a Federal Reserve report showed.
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A Federal Reserve report painted a generally positive picture of an expanding economy Wednesday, while noting that in some regions, including California and neighboring states, &quot;growth had moderated somewhat.
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The U.S. economy grew slightly faster than previously estimated in the first quarter, but still at the weakest pace in more than four years and inflation was higher as well, data on Thursday showed.
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A closely watched survey of business  activity in the U.S. mid-Atlantic region showed evidence of  some slowing in the country's economic expansion on Thursday,  but an index used to gauge future growth gave more hopeful  signals.
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The U.S. economy appears to be getting on a sustainable growth path with GDP expected to grow 2.8 percent in 2007, and the risks of inflation are slightly higher than those of an economic slowdown, according to a survey of economists released on Monday.
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The latest Japanese data painted a mixed picture of the world's second-largest economy, with a sharp improvement in the unemployment rate offset by continued deflation and modest industrial output.
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German economic data released Wednesday painted a mixed picture of the health of Europe's biggest economy, with analysts predicting a slowdown but of unknown proportions.
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The United States is showing signs of faster economic growth, according to reports released on Monday on the Midwest and New York City economies and U.S. personal income.