Solid U.S. Economy Shows Some Sluggish Signs

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00010783-solid-us-economy-shows-some-sluggish-sign/

The U.S. economy isn?t as robust as it?s been in quarters past. With the easing up of U.S. factory expansion, and the beginnings of a break in the housing market, the red hot pace of economic growth at the start of the year may be cooling. Reuters is carrying the full story.

“The economy is mixed and it’s mixed in different regions,” Robert Brusca, chief economist with Fact and Opinion Economics, said. “This is not going to be enough to take the Fed off its tightening path.”

The U.S. economy grew at a 5.3 percent annual rate in the first quarter but many analysts expect growth to slow later this year.

You can read more about this story at Solid U.S. economy shows some sluggish signs.