Bernanke Says Housing to Remain `Drag' on U.S. Growth Into 2008 (Bloomberg.com)
Story date: 2007-10-15 09:57:46
Added on: 2007-10-15 23:00:20
Oct. 16 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the housing industry's contraction will be a ``significant drag'' on U.S. growth into next year, though evidence of a broader impact on spending is limited.
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