Posts Tagged Economic growth

IMF sees US growth at weakest since recession

In this March 12, 2014 file photo, Anthony Avery pushes grocery carts during a snow storm in Roseville, Mich. U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said Wednesday, July 23, 2014, mostly because of a sharp, weather-related contraction in the first quarter. (AP Photo/Paul Sancya, File)

WASHINGTON (AP) — U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter.

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US economy, though sluggish, may now be sturdier

In this Tuesday, July 8, 2014 photo, Mark Ahlemann, center, passes out papers to participants during a during a breakfast networking session hosted by Gray Hair Management at a restaurant in Elk Grove Village, Ill. By continuing to draw a paycheck, older workers pay taxes and that ought to reduce the budgetary pressures on younger generations, Gary Burtless, a senior economics fellow at the Brookings Institution, concluded in a 2013 paper. But in a sluggish recovery where job gains have not kept pace with population growth, the persistence of older workers has actually hurt younger generations  (AP Photo/Matt Marton)

WASHINGTON (AP) — Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.

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Contrarian’s case: Why US could dip into recession

In this July 9, 2014 photo, economist David Levy poses for picture in his office in Mt. Kisco, N.Y. Levy, who oversees the Levy Forecast, a newsletter analyzing the economy that his family started in 1949, says the United States is likely to fall into a recession next year triggered by downturns in other countries, the first time in modern history. (AP Photo/Seth Wenig)

NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down.

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