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How low can they go?
A new survey of economists out today chopped forecasts for 2008 economic growth for a third straight month. The Blue Chip Economic Indicators newsletter says the latest consensus is a 2.4 percent gain next year. That's down from a 2.6 projection from last month, and a 2.8 expansion in August. You get the idea. Economists blame the housing slump, saying it's going to be deeper and last longer than first expected.
Posted on October 10, 2007 6:36 AM PT | Permalink
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