CUNA's Economics Team Revises 2007 Forecast Downward

WASHINGTON - In revising its 2007 forecast, CUNA's economics team told credit unions to expect a "notable slowdown" in economic growth in 2007.

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WASHINGTON – In revising its 2007 forecast, CUNA’s economics team told credit unions to expect a “notable slowdown” in economic growth in 2007.

It will not be a recession, the group emphasized, but CUNA Chief Economist Bill Hampel said a slowdown could mean tough times for credit unions.

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