Economists see weak growth for rest of year
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WASHINGTON -- The economic expansion, which began in late 2001, still has staying power although growth will be sluggish through the rest of the year, business economists predict.
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Economic data to be released this week are expected to show slowing economic growth in Britain as rate hikes braked expansion, economists said.
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U.S. economic growth should lose steam in coming months, a research group said Thursday, indicating a clampdown on credit markets will continue to take its toll on the broader economy.
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U.S. growth skidded lower in the  fourth quarter and was the weakest in five years for all of  2007, according to a government report on Wednesday that  highlighted the toll an enfeebled housing sector has taken on  the national economy.
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Ongoing weakness in the housing market will push the national economy to the brink of recession, but growth in other areas should put the country back on a slow road to recovery by 2009, according to an economic forecast released Wednesday.
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U.S. growth was the weakest in five years for all of 2007, highlighting the economic toll housing woes have taken.
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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 weakening U.S. housing market and  a steady flow of Americans seeking jobless benefits will help  lead to a slowed economy over the coming months, data released  on Thursday showed.
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Growth in the final quarter of 2007 slowed to half the pace Wall Street was expecting, new figures show
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German economic growth will slow next year as foreign demand for goods and services cools and consumers hesitate to increase spending, the country&#39;s six leading economic research institutes said.
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The slowdown may signal that the economy is shifting down a notch from its unexpectedly robust pace of growth at the end of last year.
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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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U.S. consumers will curb spending this year after being hit by continued troubles in the housing sector, but business investment is set to pick up, adding to economic growth later this year, according to a survey of economists released on Sunday.
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The U.S. economy will grow at a  moderate clip in 2007 as consumer spending growth slows and  business spending moderates during the second half, a key  economic forecast released on Tuesday showed.
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U.S. growth skidded lower in the fourth quarter and was the weakest in five years for all of 2007, according to a government report on Wednesday that highlighted the toll an enfeebled housing sector has taken on the national economy.
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004 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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U.S. growth will be tepid until mid-year but should get a one-two punch from tax rebates and lower interest rates to boost the economy, Commerce Secretary Carlos Gutierrez predicted on Tuesday.