MORE PAIN IN HOUSING TO COME - 2007-03-14
The housing market may not be done with its decline. According to several economists and realtors, between 1 and 1.5 million homes could be lost to foreclosure before the market has bottomed, Associated Content and Bloomberg have indicated. Experts are predicting that the drop in housing prices could be the worst in 16 years. By some estimates up to 2.2 million homes could go into foreclosure.
Read the full story at Free Market News Network

US economy facing slowdown - 2007-03-14
Analysts at Goodbody Stockbrokers say that the US economy is facing growing concerns over a slowdown.
In a research note published this morning, the analysts mention that the recently released consumer data for February shows that consumers have decreased spending. Consumption growth was recorded at 0.1%, short of the consensus expectation of 0.3%, the analysts revealed.
Read the full story at newratings.com