Pace of growth slower than expected

Article Abstract:

The US economy grew at a steady 4.2-percent annual rate in the first quarter of 2004 and US gross domestic product expanded only marginally better than 4.1 percent pace recorded in the fourth quarter of 2003. The slow growth rate is attributed to sluggish consumer spending, including falling purchases of big-ticket items such as cars.

Forecasts and trends, Gross domestic product, United States economic conditions, Market trend/market analysis

---

American jobless rate rises as economy loses more workers

Article Abstract:

Industry analysts said that economic conditions may be worsening as 48,000 more workers lost their jobs in April. The unemployment rate rose to 6%, which is an 8-year high, as the retail sector, airlines an manufacturers make financial cuts.

Economic conditions, Industry forecasts

---

Job losses dog recovery in U.S

Article Abstract:

A new report from the U.S. Department of Labor said that the economy in the United States shed 93,000 jobs in August 2003. Economists are divided over whether the recession is over, given a 6.2% unemployment rate in July 2003.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Dept of Labor, Reports, Recessions, United States. Department of Labor

Similar abstracts:

• Abstracts: Venerable partnership expected to go public. Goldman Sachs shares start trading today
• Abstracts: A matter of trusts. For older and richer. Nothing to declare
• Abstracts: Biovail won't expense options yet, CEO says. Shakeup expected at Biovail's U.S. unit. Biovail boss takes new tack on drugs
• Abstracts: Peladeau eyes options. Power sees no rush for stock offering
• Abstracts: Bank expected to hold rates firm. IMF warns of lingering risks

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.