Forecast puts 2007 economic growth rate at 2%

09/11/2007 | Washington Times, The

The economy is on pace to record its worst growth rate in five years, and the sluggishness is expected to continue into 2008. A forecast released Monday by the National Association for Business Economics lists housing and credit-market slowdowns as culprits in the economic downturn and puts a potential recession as the No. 1 threat to the economy.

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