US economy 'will avoid recession'
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The US economy will grow in 2008, the White House says, shrugging off concerns that the US is facing a recession.
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Treasury Secretary John Snow said on Tuesday that, notwithstanding weaker consumer confidence, he did not think the US economy was at risk of a slowdown.
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The slowing U.S. economy is unlikely  to sink into an election-year recession and an economic rebound  could begin as early as next year as housing and financial  market turmoil fades, the Congressional Budget Office forecast  on Wednesday.
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The surge in crude-oil prices to 50 dollars a barrel is likely to hold back the US economy but probably not cause a recession, analysts say.
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Housing activity has slowed from  recent years but the dragdown should not lead to a recession,  mortgage finance company Freddie Mac  said on Thursday  in its monthly economic outlook.
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Problems in the U.S. subprime mortgage market are unlikely to push the U.S. economy into a recession over the next 12 months, the top economist for a leading U.S. business group said on Tuesday.
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The White House played down talk that the United States might be headed for a recession and said a report on fourth-quarter gross domestic product released earlier on Wednesday did not change its outlook.
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India's economy may lose a bit of steam in coming months but will remain on track for strong growth despite global market turmoil and mounting fears of a US recession, analysts say.
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The US economy will slow in the second half of the year and the risk of recession remains, the OECD warns.
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ALBUQUERQUE, NM (CBS.MW) -- The US economy is &quot;generally sound&quot; and should not be derailed by higher oil prices, Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, said Tuesday.
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One in three Americans expects a U.S. recession in the next year, and less than a quarter think home prices will rise, according to a Reuters/Zogby poll released on Wednesday.
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There is a 40 percent chance that the United States economy will fall into recession next year, a senior analyst at Fitch Ratings said on Thursday.
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Near-record oil prices will slow US economic growth but won&#39;t be enough to derail a self-sustaining expansion, US Federal Reserve officials said on Monday.
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Billionaire investor George Soros tells the BBC that it will be very difficult to avoid recessions in the UK and US.
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The U.S. economy may be on decent footing, but that might not be enough to save your U.S. portfolio.
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Former Federal Reserve Chairman Alan Greenspan said yesterday that there is a "one-third probability" of a U.S. recession this year and that the current economic expansion won't have the staying power of its decade-long predecessor.
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Philly Fed president sees no need for central bank to halt rate hikes; employment set to rise. PHILADELPHIA  - The US economy is on course for sustainable expansion with little danger of inflationary