MSNBC last December:
By John W. Schoen
Senior producer
msnbc.com
updated 8:26 a.m. ET, Wed., Dec. 19, 2007
With the housing market still in decline and consumers tightening their belts, the economy is likely to slow substantially in the coming year but will skirt an all-out recession. That, at least, is the consensus view of economists polled for msnbc.com’s sixth year-end economic roundtable.
While the 10 forecasters on our panel believe the economy will avoid a recession, much depends on how the Federal Reserve responds, how many more homeowners get swamped by higher mortgage payments and whether oil prices stay below $100 a barrel.
