Archives for Economy

Could housing bust derail economy?

A survey of 279 corporate chief financial officers in early December found 30 percent were “quite” to “very” concerned about recession next year, almost twice as many as were worried about inflation. And 59 percent of those surveyed described themselves as at least moderately concerned about a recession. Those levels of concern were a bit [...]

Popularity: 1% [?]

Recession clouds darken 2007 outlook

Most economists expect slower growth and no downturn, but some recent signals are flashing red. Warning signs are flashing as the chances of a recession have risen significantly. Economists raise the odds from 25% to 35% in just a few months. What is causing this?
The home building sector is already in a recession. This has slowed growth [...]

Popularity: 2% [?]