(Reuters) - "The near zero change expected by the typical homeowner during the year ahead will restrain borrowing against their home equity," a statement accompanying the survey results said.
"This withdrawal of support for consumption spending will act to slow the pace of overall economic growth in 2007 and 2008," the statement said.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment