Growth slowed, from 30 to 40 percent annually in its early years to a modest 8 to 10 percent.

Production slowed to 58.9 percent of capacity from 59.5 percent.

As a result, he sees economic growth slowing to 2.5 percent, from nearly 3.5 percent in the last two quarters.

Economic growth has slowed to a rate of less than 2 percent, from 4.5 percent last year.

Growth in personal disposable income slowed to 2.8 percent from 4.9 percent.

Nevertheless, the rate of increase has slowed, from 6.1 percent in 1997.

Technology revenue growth, for instance, is expected to slow to 7 percent this year from 12 percent in 2011.

Federal spending slowed to a 2.7 percent growth rate from 7.1 percent in the preceding three months.

They said world economic growth is expected to slow this year to 2.4 percent from 4 percent in 2002.

However, their rate of growth slowed over the last decade, from more than 90 percent to 51 percent.