Monday, June 6, 2011

A bleak outklook for US property prices

Housing double-dip dents growth in the US

Continued economic pessimism in the US as consumer confidence is hit by lowering house prices, high unemployment and tight credit. Manufacturing slows and the government cuts back on spending, while questions are asked whether political infighting in Congress this summer could cause a US debt default

Posted by martin @ 11:04 AM (612 views)
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