Risk and Recovery

Authors

John Austin, University of Nebraska-Lincoln
Chris Decker, University of Nebraska at OmahaFollow
Tom Doering, Nebraska Department of Economic Development
Ernie Goss, Creighton University
Bruce Johnson, University of Nebraska-Lincoln
Lisa Johnson, Lincoln Partnership for Economic Development
Ken Lemke, Nebraska Public Power District
Franz Schwarz, Nebraska Department of Revenue
Scott Strain, Greater Omaha Chamber of Commerce
Eric Thompson, University of Nebraska-Lincoln
Keith Turner, University of Nebraska at Omaha

Document Type

Article

Publication Date

12-2007

Publication Title

Business in Nebraska

Volume

62

Issue

689

Abstract

The crisis in the housing and financial sectors has led to a dramatic slowdown in U.S. economic growth. Fourth quarter GDP growth and job growth are expected to be anemic and the economy may fall into recession in 2008. Indeed, several of the dozen members of the Nebraska Business Forecast Council do believe that the U.S. economy will likely slip into recession during 2008. However, the overall consensus of the Council is that the U.S. economy will avoid a recession. Economic growth will be slow in the first three quarters of 2008 before recovering in late 2008 and 2009.

Recommended Citation

Austin, John; Decker, Chris; Doering, Tom; Goss, Ernie; Johnson, Bruce; Johnson, Lisa; Lemke, Ken; Schwarz, Franz; Strain, Scott; Thompson, Eric; and Turner, Keith, "Risk and Recovery" (2007). Economics Faculty Publications. 5.
https://digitalcommons.unomaha.edu/econrealestatefacpub/5