Posts Tagged ‘writer washington’

Revised GDP report reveals slower growth

Linda Young – AHN News Writer Washington, DC, United States (AHN) – The economy grew at a slower pace from July through September than originally thought, according to revised figures released by the Commerce Department on Tuesday. Gross domestic product grew only at a 2 percent annual rate during the third quarter down from the […]

Consumer spending, real gross domestic product rise in last quarter of 2010

Linda Young – AHN News Writer Washington, DC, United States (AHN) – United States consumers opened their wallets more and boosted the economy in the last three months of 2010. Real gross domestic product (GDP) grew at an annual rate of 3.2 percent, up from 2.6 percent the previous quarter, according to a report from […]

New Unemployment Claims Fall Slightly

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial claims for jobless benefits dropped slightly while continuing unemployment compensation claims dipped below 4.4 million, the United States Labor Department announced Thursday. New claims for unemployment compensation fell by 21,000 to 434,000 for the week ending Oct. 23 down from 455,000 the […]