GDP revised down to 2.2% in 4th quarter
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The US economy grew at an annual rate of 2.2 percent in the fourth quarter, slower than the government first estimated, as companies stepped up efforts to curb inventories.
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NEW YORK - A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher Friday on hopes that the economic slowdown would not be as bad as first thought.    The 2.8 percent GDP growth in the second quarter, a revision from the 3 percent preliminary figure reported in July, is a far cry from the 4.5 percent growth in the first quarter...
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The British economy grew by 0.4 percent in the third quarter of 2004 from the second quarter of the year, the slowest rate of growth since the first quarter of 2003.
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Economic growth clocked in at a 2.6 percent pace in the spring, even slower than previously thought.
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NEW YORK - A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks moderately higher Friday on hopes that the economic slowdown would not be as bad as first thought.    The 2.8 percent GDP growth in the second quarter, a revision from the 3 percent preliminary figure reported in July, is a far cry from the 4.5 percent growth in the first quarter...
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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.
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The US economy expanded at a slower-than-expected 3.7 percent annual pace in the third quarter of 2004, the government said in the last major economic report before the November 2 election.
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Japan&#39;s economic growth in the April-June period was revised down to 0.3 percent in real terms, dropping 0.1 percentage points from the previously released figure,the government said Friday.
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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 slightly better than previously estimated, data showed  on Thursday.
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The economy grew at a sluggish 2.2 percent pace in the final quarter of last year, much slower than initially reported, in a kind of unusually large downward revision that has happened only seven times in the last 30 years.
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WASHINGTON  -The U.S. economy grew at its weakest rate in more than four years during the opening three months of this year as businesses sold off inventories and Americans imported more foreign goods, a Commerce Department report on Thursday showed.
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The US economy braked harder than first thought in the second quarter, skidding to a 2.8 percent annual growth rate as consumers gripped their purses, a government report showed.
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The U.S. economy grew at a  weaker-than-expected rate in the final three months of last  year, the government's latest estimate on Wednesday showed, as  businesses built fewer inventories and consumers spent less.
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US economic growth slowed more than expected in the second quarter of 2006, revised official data says.
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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 economy grew at a weaker-than-expected rate in the final three months of last year, the government's latest estimate on Wednesday showed, as businesses built fewer inventories and consumers spent less.
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Ireland's leading economic think tank on Thursday downgraded its forecast for the country's gross domestic product (GDP) growth next year to 2.3 percent.