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US Economy Grows at Fastest Pace Since 2003

(Jan. 29) -- The Commerce Department reported today that the U.S. economy grew at its fastest pace in six years at the end of 2009. Although consumer spending rose at a better-than-expected annualized rate of 2 percent, it was the replenishment of company stockpiles that proved the main factor, which can often point to...

How Job Shortage Is Holding Back Economy

(Nov. 24) -- We know what the economy did last summer, and it wasn't that great. Though Americans were producing more goods and services than during the recession, new numbers from the government show a slower pace of growth than previously thought and suggest the dour job market could block a quicker revival. The...

GdpGrowth News From the Web

08/06/11 Obamanomics Has Been a Fiasco for Economy Source: Oak Ridge Observer - Oak Ridge TN Of course, there are lots of reasons why the stock market fell more than 500 points yesterday -- the largest one-day rout since the dark days of the 2008 financial crisis -- global economic unrest being chief among them.
09/03/10 UK Aug services PMI falls to 16-month low Source: Vietnam Tribune British service sector activitygrew last month at its slowest pace since April 2009, with amarked fall in hiring as employers worried about an economicslowdown and public spending cuts, a survey showed on Friday.