November 29, 2007

White House cuts 2008 economic forecast (Reuters)

Customers purchase merchandise at The Disney Store, which opened its doors at 12:00 AM, in Glendale, California November 23, 2007. (Phil McCarten/Reuters)Reuters – The White House cut its forecast for
U.S. economic growth in 2008 on Thursday and acknowledged that
troubles in the housing market had been “more pronounced” than
expected.

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