2007-04-29 15:38:15 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
They did pass the Min. Wage Bill. U cant base it on that, thats silly
2007-04-29 16:26:23 · update #1
There is a 33% chance according to Alan Greenspan.
2007-04-30 14:07:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There is a high possibility with the slumping real estate market and the GDP trending closer to neutral negative territory. Consumer spending is trending down it seems now as well. So a recession by the end of this year is not totally out of the question... I think it will all depend on the summer and if we encounter higher gas prices then where they are at now it will definately hurt the consumer spending (which makes up about 70% of the economy of so).
2007-04-29 17:08:36 · answer #2 · answered by null 2 · 2⤊ 0⤋
Probably Not. More along the lines in 2008 and 2009.
I do know, If the gov't passes the minimum wage bill. The U.S. will fall into a recession. I don't know, if it was passed or not.
2007-04-29 16:09:01 · answer #3 · answered by Nathan 2 · 0⤊ 1⤋
One in three chance according to Greenspan comments and others. I would bet NO.
2007-04-29 16:03:05 · answer #4 · answered by Dean * 4 · 0⤊ 0⤋
There is no doubt about the answer. It is; yes or no and perhaps maybe. (I've been given the "secret" knowledge via my crystal ball)
2007-04-29 16:41:36 · answer #5 · answered by Common Sense 7 · 0⤊ 2⤋
how can it. i doubt america can go into 1.
2007-04-29 16:13:10 · answer #6 · answered by Anonymous · 0⤊ 1⤋
NO!!
2007-04-29 15:40:54 · answer #7 · answered by Stefan 1 · 0⤊ 1⤋