Economy Grows Faster Than Thought in 3Q
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The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought.
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Exports help raise Q4 GDP to a stronger-than-expected 3.5%
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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The latest snapshot shows an economy that has returned to a moderate economic expansion of about 3 percent. At this pace, the economy is not growing fast enough to create large numbers of jobs
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Robust consumer spending on cars,  furniture and food in the third quarter helped the U.S.   economy advance more quickly than first thought, a government  report showed on Tuesday, while underlying inflation was the  tamest in decades.
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US productivity grew at a stronger-than-expected 3% in the last three months of 2006, figures show.
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WASHINGTON -- The economy snapped out of a sluggish spell and grew at a faster-than-expected 3.5 percent pace in the final quarter of last year as consumers ratcheted up spending despite a painful housing slump.
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The economy grew at a 3.7 percent annual rate in the third quarter _ a pace slightly better than in the spring but not as strong as many analysts expected.
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The U.S. economy grew faster in the  second quarter than previously thought as business inventories  rose at the strongest rate in four years, the government said  on Wednesday, a sign the soft patch was not as soft as feared.
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The country's economy expanded by an impressive 0.8 percent in the third quarter of 2007, shrugging off the impact of the global credit crunch, according to official data published Friday.
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The US economy increased at an annual rate of 4 percent in the third quarter of this year following a rate of 3.3 percent in the previous quarter, the Commerce Department reported on We dnesday.
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WASHINGTON ---- The economy snapped out of a sluggish spell and grew at a faster--than--expected 3.5 percent pace in the final quarter of 2006 as consumers increased spending despite a painful housing slump.
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The U.S. economy grew faster than first thought in the third quarter on strong business investment, as the housing sector posted its biggest decline in more than 15 years, the government said Wednesday.
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The manufacturing sector grew at its quickest rate in three months in October although company costs rose faster than at any point in nearly a decade, a survey shows.
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Robust consumer spending on cars, furniture and food helped the U.S. economy advance faster than first thought in the third quarter, a government report showed, while underlying inflation was the tamest in decades.
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The US economy grew at a 4% annual pace in the third quarter of 2004, a little faster than earlier estimated, the latest government figures show today.
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The US economy grew 4% in the second quarter of the year, a much stronger performance than first thought.