Journal Article

Housing slump could lean heavily on economy


Abstract: Just because there was a boom in the housing market doesn't mean there will be a bust. But if the decline in prices that has hit some markets spreads across the country, the overall economy could suffer on multiple levels.

Keywords: Housing - Prices; Economic conditions; Housing;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2007

Issue: Apr

Pages: 4-9