More signs of US slowdown
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Growth in US services - the engine driving the world's biggest economy - has slowed sharply, a survey suggests.
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New data shows third-quarter slowdown in euro-zone growth
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the largest single-day decline in more than three years -- after the US government reported large increases in the nation&#39;s
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In WASHINGTON story headlined, &quot;US consumer spending softened in November,&quot; please read in the fifth graph... meaning that Americans were setting aside 0.3 cent out of each dollar... instead of... setting aside 3 cents out of each dollar.
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Fewer Americans filed jobless claims last week and growth in worker productivity slowed sharply in the third quarter, government data showed on Thursday, hinting that conditions in the sluggish U.S. labor market have improved.
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A global economic slow-down is looking more likely because of higher oil prices and a US housing dip, the IMF warns.
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US retail sales and industrial output slow as the economy is hit by the housing slump and credit squeeze.
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Annual US economic growth fell to 2.8% in the second quarter of 2004, marking a slowdown from the 3% estimated a month ago.
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The Q3 report shows declining numbers, but there's more to the story.
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NEW YORK -- A closely watched gauge of future economic activity slipped in August for the second consecutive month, suggesting that the U.S. economy is cooling.
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For quite sometime now, global economy has been under a lot of pressure. The war in Iraq, the US current account deficit and resulting falling dollar, oil deficit have all contributed to a slowdown in the global economy.
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WASHINGTON --A closely watched gauge of future economic activity slipped for a second straight month, a performance viewed as signaling a slowdown but not a recession.
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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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Conditions are less than ideal, let us say, for President George W. Bush's last state of the union speech, to be delivered today. This is an administration that had precious little to boast about even before the economy began to nose-dive - a calamity that may not yet be plain in the figures but was certified by the Federal Reserve's dramatic interest rate cut last week. One wonders, how much worse can things get for this White House?
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The latest economic data point to an acceleration in the US economy after the weakest growth in over four years, but some analysts say a full recovery is not yet in sight.
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US retail sales fell last month, official figures show, the latest indication that the economy is under pressure.
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But the Institute for Supply Management (ISM) said the pace of production had risen more slowly than in August. The news will help soothe fears that the US economic recovery may be running out of steam.