Paulson says growth slowing to sustainable pace
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The U.S. economy is slowing to a  steady growth rate that provides a basis for dealing with  necessary changes to retirement and health care programs,  Treasury Secretary Henry Paulson said on Tuesday.
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The U.S. economy is in good shape,  with growth moderating to a more sustainable pace from the  rapid expansion in the early part of the year, U.S. Treasury  Secretary Henry Paulson said on Friday.
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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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The Treasury Secretary said the economy was slowing toward sustained growth, but warned that it could be derailed if trade barriers were raised.
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Treasury Secretary Henry Paulson said on Monday the Bush administration was considering how to give the economy a boost as it weathers a housing correction, but does not want to rush.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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U.S. Treasury Secretary Henry Paulson said on Tuesday that a weakened housing market will not have a major impact on the U.S. financial sector, which he described as quite healthy.
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The service sector of the economy showed slower growth in January, as the rate of expansion in both employment and inflation pressures softened, the Institute for Supply Management said Thursday.
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Treasury Secretary Henry Paulson said on Wednesday a recovery in the subprime mortgage market will be slowed by a wave of interest rate resets and urged lenders to help troubled borrowers.
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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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The current turmoil on financial markets will persist for a while longer but the overall global economy remains healthy, US Treasury Secretary Henry Paulson said here Monday.
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The U.S. economy grew at a weaker-than-expected 3.1 percent annual pace in the final quarter last 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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Business & money: Growth will slow markedly next year and is unlikely to see a recovery until after 2009, the CBI warns
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GREENVILLE, South Carolina  - The U.S. economy's   noninflationary speed limit has likely dropped due to slower   labor force growth, but productivity should stay strong,   Federal Reserve Chairman Ben Bernanke said on Thursday.
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Growth of the US economy slowed to an annual rate of 2.8 percent in the second quarter of this year, lower than the 3.0 percent rate previously estimated, the US Commerce Department reported on Friday.
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Treasury Secretary Henry Paulson  said on Friday that recent financial market volatility does not  necessarily reflect strong fundamentals in the U.S. economy,  nor those of the developing Chinese economy.
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WASHINGTON -- The major slump in the housing market is nearing an end and should not have a significant impact on the overall economy, Treasury Secretary Henry Paulson said yesterday.