Category Archives: U.S. Economy

(January 31, 2007) – Yesterday morning, the Commerce Department reported a substantial drop in GDP growth during the fourth quarter of 2007 to 0.6% from Q3’s 4.9%; this was lower than the 1.1% growth expected by economists and the weakest … Continue reading →

(Greenwich, 9/19/2006) U.S. housing starts fell 6% in August to an annual rate of 1.665 million, the lowest since April 2003, according to the Commerce Department. Housing starts have fallen in six of the past seven months and have dropped … Continue reading →