Economic Growth Expected to Dip in 2005

Economic Growth Expected to Dip in 2005: "'Economic growth in 2005 will moderate but still be solid,' said Carl Tannenbaum, chief economist at LaSalle Bank and head of the committee overseeing the economic forecast.
One reason economists give for the expected moderation this year is the belief that a red-hot housing market will cool and mortgage rates will rise. Consumer spending and business investment this year are expected to be solid and to help support economic growth, according to the outlook."