Daily Business News
Friday, October 27, 2006
  GDP growth weakest in over 3 years (Reuters)

A sign points to a home for sale in a new subdivision in Vancouver Washington April 25 2006. A slumping housing sector helped slow U.S. economic growth in the third quarter to its weakest pace in more than three years the Commerce Department reported on Friday. (Richard Clement/Reuters)Reuters - A slumping housing sector helped slow U.S. economic growth in the third quarter to its weakest pace in more than three years the Commerce Department reported on Friday leading financial markets to raise bets on interest-rate cuts next year.


 
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