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ID: 31363
Title: Mortgage woes seen holding U.S. growth "below trend" (Reuters)
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A sign reading 'Foreclosure For Sale' is posted on a house in the Boston suburb of Dedham, Massachusetts March 15, 2007. A credit crunch stemming from turmoil in the subprime mortgage market will trigger further weakness in housing and keep U.S. economic growth 'below trend' most of this year, a UCLA Anderson Forecast unit said in a report on Monday. (Brian Snyder/Reuters)Reuters - A credit crunch stemming from turmoil in the subprime mortgage market will trigger further weakness in housing and keep U.S. economic growth "below trend" most of this year, a UCLA Anderson Forecast unit said in a report on Monday.
Category: Business/US Economy/
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Date Added: April 02, 2007 10:10:26 AM
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