For those interested in the US economy, this On Point program touches on some interesting issues. Soft landing, perfect landing, crash landing or full throttle ahead for the US economy? Can weakness in housing, manufacturing and construction be offset by gains from services, emerging technologies and investments in emerging economies? The prospects of the US economy in 2007 are examined in this podcast.
The Economy Ahead Aired: Wednesday, January 03, 2007 10-11AM ET
From -
http://www.onpointradio.org/shows/2007/01/20070103_a_main.asp :
By host Tom Ashbrook:
It's been hot sometimes and cold sometimes, but for five-plus years now, Americans have lived in the midst of an economic expansion. The rewards may not have been equally shared, but it beats recession any day.
Now, economists are looking out on the newly-dawned 2007, and asking if the growth train can go on. American consumers have been a big engine for years now, but the fuel for that consumer spending was a boom in home prices that is officially over, and could yet go really bust.
Inflation is mild, interest rates are manageable, global growth is strong, the stock market ended '06 flying. Can it all go on another year?
This hour On Point: we look at jobs, wages, housing and the US economy in 2007.
Guests: ·Greg Ip, Economics Reporter for the Wall Street Journal
· Iam Morris, HSBC's Chief US Economist
· Allen Sinai, Chief Global Economist, Strategist, and President of Decision Economics, Inc.
Podcast is about 45 mins, may take a few minutes to load initially poweredby ODEO
.png)
