Recession Looms for the U.S. Economy in 2007
Contributing Organization(s): Center for Economic and Policy Research
Author(s)/Creator(s): Dean Baker
Publishing Date: 2006-11-01
Issue Areas: Economic Development; Employment and Labor
Ownership/Rights Info: Please consult the copyright holder before using or repurposing this information.
This paper forecasts that weakness in the housing market is likely to push the economy into a recession in 2007. Economist Dean Baker provides predictions for GDP, job and wage growth; inflation (CPI); investment; exports and imports; and more.
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