If economic growth slows in the United States in 2008, it will primarily be because of factors already present: a slumping housing market, high energy costs, and turbulence in worldwide financial markets. EconSouth Now
The world economy will continue to enjoy one of the better performances in recent decades, led by economic growth in developing countries. Economies in developed countries, however, will see slower growth rates next year.
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It's essential to life, we take it for granted, and there's not enough to go around in the Southeast. In a fast-growing region, increasing demand for water and a constrained supply are squeezing regional economies. Southeastern Economic Perspectives