economic growth

The International Monetary Fund on Wednesday issued a gloomy economic outlook for the United States and the Western Hemisphere, saying U.S. economic growth will be close to zero or even slightly negative for the rest of 2008 and the following few months.

If you go strictly by the numbers, the economy's 3.3% growth in the second quarter looks great. It beats the historical record by just a bit.

But before you get excited, listen to John Dimsdale's report on why the momentum might not last.

A revised reading on gross domestic product announced Thursday showed much better U.S. economic growth than previously reported for the second quarter.

Despite all the talk about the U.S. economy falling on hard times this year, experts are predicting that the economy grew at a more solid pace during the second quarter.

Sen. Barack Obama on Monday proposed spending billions to revitalize the nation's economy, a plan the campaign of his likely Republican opponent said would slow economic growth with higher taxes.

U.S. economic growth was slightly better than previously reported for the first quarter, primarily because a weakened dollar reduced imports, according to a revised reading on gross domestic product announced Thursday.

Treasury Secretary Henry Paulson said Friday he expects "to see a faster pace of economic growth before the end of the year."

Economic growth was nearly flat in the last three months of 2007, according to a government report released Thursday.

A four-day rally stalls as financial stocks weaken and crude oil tops $102 a barrel. Fed boss Bernanke sees some bank failures ahead.

The government says economic growth is the slowest in 5 years.

A revised reading on gross domestic product announced Thursday showed no change in the anemic U.S. economic growth previously announced for the fourth quarter.