U.S. Midwest Economy Stronger
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Business activity in the U.S. Midwest  grew in September at a faster-than-expected rate, hinting that  the economy is climbing out of its summer slow patch, a report  showed on Thursday.
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The labor market is holding steady, businesses are rebuilding inventories and the consumer is still spending, all signs pointing to stronger economic growth in the latter part of this year.
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U.S. economic activity expanded from mid-April through May, with a number of areas reporting stronger growth, the Federal Reserve said on Wednesday.
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US industrial production and new home construction rose sharply last month, suggesting that the economy is overcoming high energy prices and rebounding from the summer slump.
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Retail sales in May rose at the strongest pace since January 2006, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly from a first-quarter slowdown.
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Growth in the U.S. service sector rose unexpectedly in June, while the job market also appeared to pick up some steam, according to reports on Thursday that signaled strength in the economy.
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Business activity in the U.S. Midwest expanded in May at a much faster rate than expected fueled by a surge in new orders and stronger hiring, a report showed on Thursday.
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The U.S. economy grew faster than  first thought in third quarter on strong business investment,  even as the housing sector posted its biggest decline in more  than 15 years, the government said Wednesday.
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Business activity in the U.S. Midwest expanded in August for a 16th straight month but at a slower pace than expected, as pricing pressures mounted, a report showed on Tuesday.
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The U.S. economy continued its  expansion over the past month, with labor market conditions  improving and business lending on the rise, the Federal Reserve  said on Wednesday.
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The U.S. economy continued its expansion over the past month, with labor market conditions improving and business lending on the rise, the Federal Reserve said on Wednesday.
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The U.S. economy grew at a stronger pace than expected in the final quarter of 2006 without raising inflation pressures, government data showed on Wednesday, as robust consumer spending more than offset the biggest slump in housing in 15 years.
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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 economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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Factory activity in the U.S.  Mid-Atlantic region accelerated more than expected in June, a  survey showed on Thursday.
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U.S. business productivity rose at a  much stronger-than-expected 3.0 percent annual pace in the  fourth quarter while unit labor costs moderated, in good news  for the inflation-wary Federal Reserve.
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U.S. durable goods orders rose, with  key components gaining strongly, and single-family homes sales  soared in September, reinforcing views the Federal Reserve will  raise interest rates further this year.