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GDP Growth Revised Down to 2% in Third Quarter
The U.S. Commerce Department yesterday released its final revision to the growth rate of the GDP in the third quarter. Taking many by surprise, the already lackluster growth rate was revised down to 2%.
News Headlines
- GDP Growth Revised Down to 2% in Third Quarter 12/22/06
- Producer Prices Surge in November; Inflation Back? 12/19/06
- Prices Flat in November; Inflation Slowing Down 12/15/06
- Retail Sales Show Real Strength in November 12/13/06
- D&B Predicts Inflationary Pressures to Mount in Australia 12/11/06
- Payroll Growth Strong in Nov, Consumer Sentiment Weak in Dec 12/8/06
- Consumer Credit Fell at Fastest Rate in 14 Years in October 12/8/06
- The Conference Board Leading Economic Indicators Index Increases 11/20/06
- Experian Consumer Borrowing Study Shows Big Increase in Late Pays 11/20/06
- U.S. Consumer Confidence Rebounds in Wake of Mid-term Elections 11/17/06
- Higher Interest Rates, Declining Home Prices Put Americans at Financial Risk 11/15/06
- Core Inflation Drops by Most in 13 Years 11/14/06
- Credit Card Performance Still Strong; Charge-offs May Pick Up 11/13/06
- Massive Drop in Consumer Credit Reported for September 11/8/06
- D&B Reports on National Business Expectations 11/7/06
- Bankrate: Economic News Depresses Mortgage Rates 11/2/06
- U.S. GDP Slows to 1.6% Rate in 3rd Quarter 10/27/06
- Fed Holds Interest Rates Steady, Warns on Inflation 10/26/06
- Overall Consumer Price Infation down 0.5% in September 10/18/06
- Core Inflation for Producers Up while PPI Drops 10/17/06
- Gulf Coast Economic Recovery Remains Mixed 10/10/06
- Study Claims Subprime Lending Significantly Benefits Maine Economy 10/5/06
- Fed's Hoenig Sees Economy Slowing at End of Year 10/4/06
- Kaulkin Ginsberg: Healthcare Industry Sets Aside $129 Billion Annually to Cover Bad Debt 10/3/06
- Core Inflation Rising at Fastest Pace in 11 Years 9/29/06
- Second Quarter Economic Growth Adjusted to Lower Rate 9/28/06
- Late Credit Card Payments Edge Higher 9/27/06
- Consumer Confidence Index Improves in September 9/26/06
- Discover Small Business Watch Reveals Cautious Optimism Among Small Business Owners 9/25/06
- Analyst Says MasterCard Stock Price Too High 9/25/06
- Indiana Hires Three Collection Agencies to Go After $1.9 billion 9/25/06
- Bad Blood Over Bad Mortgage Loans 9/22/06
- Washington Mutual Exec says Banks are in 'Very Difficult' Revenue Environment 9/21/06
- Fed Could Be Done Raising Rates 9/21/06
- Senate Panel Faults Oversight of Post-9/11 Business Loans 9/20/06
- Economists Say Fed Will Hold Interest Rates Steady Today 9/20/06
- Banks Start to Lower Fees to Attract New Customers 9/20/06
- Wells Fargo CEO Says Bank has Prepared for Housing Slowdown 9/19/06
- Consumer Confidence Skyrockets As Gas Prices Ease 9/15/06
- Inflation Stabilizes in August 9/15/06
- Credit-Card Users Hurt at Gas Pump May Sap Retail Sales 9/13/06
- Consumer Credit Increased 2.8% in July; Credit Card Debt Growth Slows 9/11/06
- Yellen Says Fed Policy must have Tightening Bias 9/8/06
- Fed Beige Book Says U.S. Economy Continues to Grow 9/7/06
- Housing Chill Begins to Pinch Nation's Banks 9/1/06
- Less (Spending) Is More (Chargeoffs) For U.S. Credit Card ABS 8/30/06
- GDP Growth Revised Up to 2.9% for the Second Quarter 8/30/06
- U.S. Outsourcing seen Boosting Wages at Home 8/25/06
- U.S. Economy: Index Points to Further Slowdown 8/18/06
- Business Leaders More Confident Than a Year Ago: PricewaterhouseCoopers 8/16/06
