Kamalick, Joe
May 2007
ICIS Chemical Business;5/14/2007, Vol. 2 Issue 66, p15
Trade Publication
The article warns that the U.S. housing decline has begun to affect other parts of the economy. National Association of Manufacturers (NAM) chief economist David Huether points out that the weakening employment condition shows the effects of a downturn in housing, as well as a slowdown in demand for motor vehicles and industrial equipment. He adds that the ongoing downturn in housing is beginning to negatively affect consumer demand.


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