GDP rise slight in quarter
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The economy grew at an annual rate of 3.7 percent this summer as a big rebound in auto sales offset weakness from an exploding trade deficit, soaring oil
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The U.S. economy expanded at a 3.7  percent annual rate in the third quarter, below expectations  but still bolstered by healthy consumer spending that was  accompanied by the lowest inflation in decades, the Commerce  Department said on Friday.
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The economy grew at a 3.7 percent annual rate in the third quarter &#151; a pace slightly better than in the spring but not as strong as many analysts expected. Friday's government report was the last broad snapshot of economic activity before Election Day and provided political ammunition for both sides.
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The markets rose modestly in thin trading, helped by revised Commerce Department data that showed that economic growth remained reasonably strong.
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The U.S. economy grew slightly better than first estimated in the first quarter, but still at the weakest pace in more than four years and inflation grew as well, data on Thursday showed.
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Business & money: Gross domestic product rose by 0.8% in the three months to June.
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The economy grew at a 0.7 percent  annual pace in the first three months of this year, the weakest  in more than four years, but a closely watched inflation gauge  unexpectedly accelerated, data showed showed on Thursday.
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The US gross domestic product grew only 2.2 percent last quarter.
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The US economy expanded at an annual rate of 3.7 per cent in the third quarter, which is below expectations. However, the Commerce Department says the rate has been bolstered by healthy consumer spending accompanied by the lowest inflation in decades.
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The US economy grew at an annual rate of 3.3 percent in the spring, the government reported Wednesday. That was significantly better than a previous estimate but still the weakest showing in more than a year.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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The economy grew by 0.8 percent in the second quarter of this year compared with 0.7 percent during the first three months of 2007, according to official data published on Friday.
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The economy grew more rapidly than   originally reported in the second quarter but an inflation   gauge was slightly lower, a government report said on   Wednesday, suggesting the Federal Reserve may be able keep   interest rates steady.
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Monthly measurement of techie optimism marks another slight hike, less worker worry.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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The economy grew at a 2.9 percent annual rate in the spring &#151; better than first estimated but nowhere near the brisk pace logged in the winter, another sign of slowing business growth. Inflation marched higher.
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Bond prices rose modestly Thursday, sending their yields lower, following a report that suggested economic growth could cool off in coming months.