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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Title: Recession Looms for the U.S. Economy in 2007
Publication date 2006-11-01
Publication Year 2006
Center for Economic and Policy Research
, house prices
, savings rate
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