The US Housing Market and the Subprime Mortgage Crisis (B): Impact on the US Economy |
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Business Environment Case Studies Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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Excerpts Contd...Some Perspectives
Looking AheadThere was growing concern about the slowdown in the US economy. Between October 2007 and December 2007, the US economy had grown by a mere 0.6 percent (annualized) compared to 4.9 percent in the preceding three months. Some analysts were concerned that inflation levels were rising. The inflation rate in the US was 4.1 percent in 2007 compared to 2.5 percent in 2006...
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