Home
Barry mahfood's Library tagged → View Popular
28 Apr 07
Housing Slump Pulling on U.S. Economy
-
It was bound to happen eventually. For the first time, the protracted
agony of the slumping housing market has wrapped its arms around the
U.S. economy as a whole and pulled it down to a growth rate of only
1.3% in the first quarter of 2007. - bmahfood on 2007-04-28
1 - 2 of 2
Showing 20▼ items per page
Sponsored Links
Ads by Google
Top Contributors
Groups interested in GDP
Highlighter, Sticky notes, Tagging, Groups and Network: integrated suite dramatically boosting research productivity. Learn more »
Join Diigo
credit outstanding increased at a 6.7% annual rate or by $13.5 billion
in March. Consumers used credit cards and took out car loans at an
almost equally fast pace in March as mortgage equity withdrawals
decreased. Credit usage is expected to remain elevated as consumers use
other lines of credit to finance spending due to weakening in the
housing market and slower cash out refinancings. - bmahfood on 2007-05-12