As housing goes, so goes the US economy?
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Researchers say that the recent housing downturn doesn't necessarily mean an end to economic growth.
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A Commerce Department report offered no clear picture of whether the worst of the nationâs housing slump is over.
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Wall Street may be on the defensive  this week if reports on housing and growth suggest the United  States economy is headed for an acute slowdown.
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The Motley Fool - We're heading into a recession. You've heard about it for months, even years, what with the housing bubble, the war in Iraq, overextended consumer credit -- you name it. A recent Merrill Lynch (NYSE: MER - News) report says that the U.S. economy will grow by only 1.9% next year, down from 3.4% this year, and slower than the global growth rate of 5.2%. Even slowpoke Europe should pass us at 2.1%, though the U.S. is ahead of the average European GDP growth rate of 2.7%.
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If you can't depend on your home equity increasing during a US housing downturn, where do you turn for growth?
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Conditions are less than ideal, let us say, for President George W. Bush's last state of the union speech, to be delivered today. This is an administration that had precious little to boast about even before the economy began to nose-dive - a calamity that may not yet be plain in the figures but was certified by the Federal Reserve's dramatic interest rate cut last week. One wonders, how much worse can things get for this White House?
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If forecasts for this weekâs economic data prove accurate, the economy would seem to be getting off lightly.
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U.S. consumers will curb spending this year after being hit by continued troubles in the housing sector, but business investment is set to pick up, adding to economic growth later this year, according to a survey of economists released on Sunday.
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The US home loan crisis will cause just a modest slowdown of the American economy and have a limited impact on the rest of the world, the International Monetary Fund&#39;s chief economist said Wednesday.
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U.S. housing industry economists on  Monday cautioned that rapid house price gains in some areas of  the country may not be sustainable.
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The US economy appears set for a soft landing, the OECD said Wednesday, but it warned that the troubled sub-prime mortgage sector still poses a major risk.
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The US housing downturn may have serious financial repercussions, experts warn, hitting investment funds linked to sub-prime lending.
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WASHINGTON -- The U.S. economy has been battered by a bigger-than-expected slump in housing but will keep growing next year as consumers get relief from soaring energy costs.
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The US housing downturn may damage investment funds linked to sub-prime lending, experts say.
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Don't expect lawmakers to stave off a downturn, if that's where the economy is headed.
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Wall Street may be on the defensive   this week if reports on housing and growth suggest the United   States economy is headed for an acute slowdown.
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U.S. housing industry economists on Monday cautioned that rapid house price gains in some areas of the country may not be sustainable.