2007-01-29 18:44:03 · 2 answers · asked by Mr. USA 1 in Social Science ➔ Economics
2007 Economy will go on growing as in the previous years. All the sectors will grow very well,and the main focus would be in the real estate/retail segment.
2007-01-29 21:34:13 · answer #1 · answered by AVANISH JI 5 · 0⤊ 0⤋
according to the numbers and the collapse of many small businesses, it shows that economy wont be soo good in 2007. If it does go up in 2007, it will be very slow, and most likely after the 2nd quarter or later. spending is cut off because the thought of a bad economy. That is caused mostly in part by the lagging real estate market. And 99% of all rich people became rich because of something they bought or owned. This points out that rich people are afraid to spend because of the lagging real estate market. I suggest a more predatory pricing for all business owners. The worse large businesses will be the ones that cannot lower prices. Food franchises will go down if they dont lower prices. This is why McDonalds came out with the dollar menu not too long ago. Say just a couple of years. But, I do feel that alot of investments have gone down, and this does include the stock market, and other financial instruments. So, profits will be small wherever you go.
2007-01-30 03:00:57 · answer #2 · answered by frankysnewcolorpainting 2 · 0⤊ 0⤋