The housing sector will continue to slow over the next six months, according to 90% of respondents to a National Association for Business Economists survey taken in late March and early April. However, the 109 economists are almost evenly split on the question of whether the slowdown will be "substantial" or "mild." Over 80% of the respondents expect economic growth to be below 1% for the first half of 2008. Compared with the results of the January survey, "employment conditions are beginning to weaken, with fewer firms hiring and more firms reducing payrolls," NABE said. The organization can be found on the Web at http://www.nabe.com.
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