Tuesday 22 July 2014
US growth

Exports, government spending buoy US growth

The US economy grew faster than previously estimated in the third quarter as exports and government spending provided a lift, but that boost is likely to be lost amid slowing global demand and a move towards tighter fiscal policy.


Obama slashes growth forecast

US President Barack Obama has sharply cut estimates for US economic growth, underscoring the difficult challenge he faces in spurring a stronger recovery and creating more jobs. The president, who must curb high unemployment to improve his


Fed report shows signs US growth easing

The US economy has shown "widespread signs" of slowing over recent weeks, the Federal Reserve said on Wednesday in a report suggesting the recovery was faltering along the East Coast and in the Midwest.    The Fed said in i


Fed lowers growth forecast, raises inflation view

The Federal Reserve has slashed its 2008 US economic growth forecast and signaled that mounting concerns over inflation would make further interest rate cuts unlikely. 'Several members noted that it was unlikely to be appropriate to ease p


US growth to slow says Blue Chip forecast

Tighter credit, broad deterioration in the housing market and skittish consumer spending will lead to a slower US economy than earlier estimated, according to the most closely watched forecast by US economists. The consensus forecast of 50

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