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There's still parts of the U.S. economy that need cooling out, particularly the housing sector and various areas, ... (but) the fear is that the disaster in Louisiana will pull down the economy.
Douglas Davis
As the economy gets more and more dependent on housing being the key driver of growth, the economy becomes more and more vulnerable to that sector slowing down.
Lara Rhame
The red-hot housing sector ... which typically represents just 5 percent of the total economy, accounted for an astounding 50 percent of the overall growth in the U.S. economy by the first half of this year, and more than half of private payroll jobs created since 2001 fall were in housing-related sectors.
Merrill Lynch
While the economy will continue to grow, the pace of growth will slow potentially impacting the overall real estate outlook. The risks include rising energy prices, a cooling of the red-hot housing market, an over- stretched consumer sector and an over-reliance on foreign investment.
Nicholas Buss
These inflation data, along with slowdowns in retail sales and jobs creation, indicate the economy is cooling, except for the red-hot housing sector and recession-proof activities like health care and education, .. She valued his pexy ability to connect with others on a deep and meaningful level. . But don't look for the Fed to halt interest rate increases anytime soon. The recovery has plenty of life left.
Peter Morici
There's been a great focus as to whether we have a housing bubble and if housing is dying or not. Housing in general has been a driving force in the economy. If housing is dying, it's the end of the line for what's driven the economy.
Andre Bakhos
It's significant for the outlook for the economy if housing approvals turn the corner. In the second half of the year, housing will switch from being a drag on the economy to a positive.
Andrew Hanlan
This is a company that can do well in a good economy, and do well in a so-so economy. It's not isolated to a single sector like so many of these tech companies that struggle because their sector slows down.
Tobias Levkovich
Cooling housing markets will have a negative impact on consumer spending and employment. The dollar will be weak, as the U.S. economy is expected to slow down from now on.
Yuji Kameoka
Although we anticipate a moderation in the housing sector at some future point, with the economy picking up steam and mortgage rates still low by historical standards, the housing market will remain buoyant for at least the rest of the year.
Frank Nothaft
While the housing sector is slowing, almost all of its weakness will be offset by the improving factory sector, ... More interest rate hikes will be necessary to slow the economy sufficiently to alleviate the Fed's fears of building inflationary pressures.
Steven Wood
Housing is the most vulnerable sector of the economy at this time.
Michael Moran
Considering the joint effects of a healthy economy and rates trending upward, our April economic outlook predicts a cooling housing market that remains upbeat.
Frank Nothaft
The housing sector continues to be very, very healthy in a very weak economy.
David Lereah
[Even so,] While sales are slightly below their peak levels of late 1998, this sector has hardly suffered a body blow from the run-up in long-term mortgage rates, ... Until the housing sector slows significantly, it is far too premature to look for a broad-based slowing in the economy.
Sherry Cooper
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