Thursday, January 05, 2006
Economic Growth May Slow in 2006
Strong spending by businesses should power the nation's economy to a fifth straight year of expansion in 2006, according to a survey of economists' forecasts, but a softening housing market is likely to slow the overall pace of growth.
For the past five years, real estate wealth has supported the economy by providing consumers with cash to buy everything from designer kitchens to luxury vacations to new or second homes. Some economists believe the boom has been responsible for creating more than 1 million American jobs since 2000.
Economic Growth May Slow in 2006
Source: Mcall.com
For the past five years, real estate wealth has supported the economy by providing consumers with cash to buy everything from designer kitchens to luxury vacations to new or second homes. Some economists believe the boom has been responsible for creating more than 1 million American jobs since 2000.
Economic Growth May Slow in 2006
Source: Mcall.com
Permalink posted by armandn @ 7:11 AM 
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