Data show a sluggish economy
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WASHINGTON -- The economy has slowed even more than previously thought, but the sluggish spell is not expected to turn into recession as Election Day nears.
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The U.S. economy grew at a slightly slower but brisk 3.8 percent annual rate in the second quarter, and fresh signs of a surprisingly buoyant job market emerged last week, government reports on Thursday showed.
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The US economy weakened in the first quarter with a sluggish 0.6 percent growth pace, data showed Thursday, but many analysts said they see signs of a rebound ahead.
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The economy could be headed for slower growth in the next several months, according to a report released Thursday by a private research group.
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A leading index of the U.S. economy  dipped in the latest week, and a continued lack of growth in  the data shows no end in sight to the current slowdown, a  report showed on Friday.
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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 US economy is expanding but the performance appears patchy as soaring energy prices stifle spending in many regions, the Federal Reserve&#39;s Beige Book survey showed tonight.
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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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US economic growth was largely  "modest" in February with some sluggishness, the Fed's Beige Book report says.
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The economy limped ahead at just a 0.7 percent pace in the first quarter, the slowest in more than four years. Some businesses clamped down on spending, given the uncertainties about the severity of the housing slump.
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WASHINGTON -- Strained by an ailing housing market and credit woes, the economy in 2007 is expected to log its worst growth in five years and should be somewhat sluggish next year.
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WASHINGTON -- Economic growth clocked in at a 2.6 percent pace in the spring, a weaker performance than previously estimated and a fresh sign the economy has shifted into a lower gear.
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The double whammy of a worsening housing slump and a credit crunch is punching the economy in its gut. That's likely to mean a period of slower activity in the months ahead.
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U.S. business productivity growth  proved surprisingly sluggish at the end of 2004 and claims for  jobless aid unexpectedly dipped last week, according to  government reports that showed a good sign for employment which  could fan inflation fears.
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The economy grew at a 0.7 percent annual pace in the first three months of this year, the weakest in more than four years, but a closely watched inflation gauge unexpectedly accelerated, data showed showed on Thursday.
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At the risk of repeating ourselves, it is worth bearing in mind that this recovery has been different from other recoveries. While much of the attention paid to the economy has focused on the sluggish jobs