News Source: Independent
| about 1 month ago
THE US economy has emerged from its deepest slump since World War II, new figures yesterday show. The world's largest economy expanded by 0.9pc, an annual pace of 3.5pc, in the third quarter of the year, marking the end of a recession that has cost 7.
News Source: The independent
| about 1 month ago
Gordon Brown's claim that Britain was "better placed" than other wealthy countries to beat the economic downturn returned to haunt him yesterday as the US recession officially ended. The Conservatives were quick to point out that this meant that...
News Source: The Scotsman
| about 1 month ago
Gordon Brown after the United States came out of recession yesterday, leaving the UK as the only major world economy experiencing negative growth. As Britain remained locked in the longest recession since records began, the US economy grew for the...
News Source: Times Online
| about 1 month ago
US GDP rose at an annual pace of 3.5 per cent between July and September, exceeding economists’ forecasts of a 3.3 per cent increase as the effects of massive government stimulus packages filtered through. The figures piled additional pressure on...
News Source: Guardian Unlimited
| about 1 month ago
Labour under fire as US economy returns to growth Opposition attacks Brown's government after figures show world's biggest economy expanded by 3.5% in third quarter Traders work on the floor of the New York Stock Exchange. Photograph: Brendan...
News Source: BBC
| about 1 month ago
Shadow chancellor George Osborne said the prime minister's plan to end the recession had "failed"...The Lib Dems said the performances of the UK and US were in "stark contrast". Official figures show the US economy grew at an annual pace of 3.5%...