11 September 2007

Economic outlook is worst in 5 years

By JEANNINE AVERSA, AP Economics Writer
Mon Sep 10, 7:35 PM ET

Strained by an ailing housing market and credit woes, the economy in 2007 is expected to log its worst growth in five years and should be somewhat sluggish next year.

The No. 1 risk, though, is that the economy will lose its footing altogether and fall into a recession, forecasters say.

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