Seeing US slowdown, Mexico cuts growth
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Mexico indicated Wednesday it expects the downturn in the U.S. will mean much slower growth this year for its own economy, which depends on its northern neighbor for the bulk of its trade and investment.
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The weakening economy coupled with recent curbs on illegal immigration are steering immigrants away.
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The United States, Colombia and Mexico are slowing the flow of cocaine and methamphetamine into the U.S., according to new figures from the Drug Enforcement Administration.
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GUADALAJARA, Mexico  - When the bottom fell out of  Mexico's economy a decade ago, Francisco Martinez stopped  voting.
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The US economy appears to be emerging from a period of sluggish growth but is &quot;uncomfortably close&quot; to the &quot;stall speed&quot; associated with past recessions, the International Monetary Fund said Friday.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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The US economy is expected to slow to a still-solid 3.5 percent growth pace in 2005, allowing it to trim a record budget shortfall, the White House said.
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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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The US economy grew at a pace of 2.2% in the last three months of 2006, down from a previous estimate of 3.5%.
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The US economy grew more slowly in the second quarter than first thought amid shrinking corporate profits and higher imports, the government said on Friday in a report
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While a âmodest expansionâ continued in most regions of the country from early January to late February, the Federal Reserve said that several areas have noticed a slowdown in growth.
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The steady decline of the U.S. dollar could set the stage for inflation and slowing global growth.
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US economic growth drops to a weaker-than-expected annual rate of 0.6% in the final quarter of 2007.
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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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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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Mexico's economy expanded last year at its fastest pace since late 2000.
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The International Monetary Fund has cut its forecast for global growth next year slightly amid expectations that the US and Chinese economies will not expand as strongly as previously thought.