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UCLA Report: No Recession

Anderson forecast shows U.S. will skirt a recessions

By Staff -- Purchasing, 4/10/2008

The quarterly anderson Forecast by the University of California at Los Angeles found that the U.S. economy will continue to slow in the second quarter, but will not go into a recession unless the current credit crisis gets worse. And "We don't see that happening," said Edward Leamer, director and co-author of the UCLA forecast.

2007 2.2%
2008 1.5%
2009 3%

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