Almost six months ago, The Observer ran some articles on the saga of the "inverted yield curve" and how this technical indicator predicted recession coming. Now we are seeing the reports come in on the slowdown in the real estate sector, and speculation is building whether this will result in a full blown recession.
Click on the post for an article on this topic.
Can Evansville stay on the growth bicycle? Will Evansville remain a quality, affordable community for families that is an anternative to some high priced neighbors? Can the many contractors who live in Evansville remain fully employed in the slowdown? Will the energy crisis make everything worse? Just a lot of questions as we proceed. Stay tuned to the Observer as we cover these stories.
Wednesday, December 07, 2005
Economic Report forecasts broad housing slowdown; Recession possible.
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