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Content Tagged As economic_growth

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  • Obama: Growth too slow

    November 4, 2011 11:21 AM

    CANNES, France (AP) - President Barack Obama says the dip in the unemployment rate from 9.1 percent to 9 percent is "positive,' but he says economic growth is still "way too slow." In France at a summit of leaders of major economies, Obama reacted to news that the U.S. economy... more »
  • Global oil demand seen stronger than expected

    October 13, 2010 8:21 AM

    The International Energy Agency says it has raised its forecast for global oil demand this year and next following new data showing stronger-than-expected economic growth, especially in rich developed economies. The Paris-based energy watchdog says global demand for crude will reach 86.9 million barrels a day this year, up... more »
  • Economy loses speed in spring; more weakness ahead

    September 30, 2010 10:11 AM

    The nation's economic growth tailed off sharply in the spring and probably isn't faring any better now. The Commerce Department reports that the economy expanded at a feeble 1.7 percent annual rate in the April-to-June quarter. The new reading is a tad higher than the 1.6 percent growth estimated... more »
  • Obama highlights fresh signs of economic growth

    October 31, 2009 12:17 PM

    President Barack Obama says the country is moving in the right direction as it tries to recover from the recession, but cautions further job losses may be ahead. Unemployment hit a 26-year high of 9.8 percent in September, and the October report due next week could show it topping 10... more »
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