![]() East Valley Tribune | Growth rate is weakest since first quarter of 2003 MarketWatch - By Greg Robb MarketWatch. WASHINGTON (MarketWatch) -- US economic growth slowed sharply in the third quarter increasing at a real seasonally adjusted annual rate of 1.6% after a 2.6% increase in the second quarter the Commerce Department said Friday. Housing slump batters US economy Weak housing hits US growth |