Economy's Status Questionable; Gas Prices Appear to Be Falling, but Housing Market Is Cooling Down
Telegraph - Herald (Dubuque) › September 11, 2006
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Summary
WASHINGTON - The economy has slowed down. Gasoline prices hit new highs in early August. And the once-soaring housing sector is rapidly losing altitude, raising concerns it could drag the whole country into a recession.
Just where is the economy headed? Here are some answers to frequently asked questions.See the full content of this document
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Economy's Status Questionable; Gas Prices Appear to Be Falling, but Housing Market Is Cooling Down
Question: The economy looked so good at the start of the year. What happened?
Answer: Gasoline prices climbed higher than $3 per gallon, leaving consumers with less to spend on other items. At the same time, the Federal Rese...See the full content of this document
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