|
HomeownerZine
real estate and housing news |
|
Search results for recession fear
Even with a boost from holiday spending, the U.S. economy looks shaky, thanks to slumping housing prices, Wall Street woes and debt-laden consumers. How bad could it get?
After shrugging off high prices for years, American drivers are finally starting to cut back. Is it a sign of shifting habits, or looming recession?
New home sales plunged to the lowest level in 12 years. The weak housing has raised the odds of having a recession. One thing for sure is that housing problem will persist well into 2008, or maybe even longer.
Federal chairman tells lawmakers they should tailor efforts to boost consumer spending within 12 months.
The Federal Reserve cut interest rates for the second time in about about a week amid rumblings about a recession. While Wall Street may celebrate the lower rates, what will it mean for the average consumer?
Posted by
emily
| 14861 days ago
| 14861 days ago
Ben Bernanke and the central bank deliver the half-point cut that Wall Street expected and see more 'downside risks' for economy.
A weak report about the services sector has caused some experts to declare that the economy has already entered downturn.
Treasury secretary and Fed chairman say rate cuts and rebates should keep economy out of recession but warn of tough times.
Recession continues.
Posted by
editor
| 14861 days ago
| 14861 days ago