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Reuters: Economic outlook weaker with higher oil: panel

Started by chris, July 10, 2008, 07:41:06 AM

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chris

Economic outlook weaker with higher oil: panel
      


WASHINGTON (Reuters) - Higher U.S. energy prices, a deteriorating labor market and falling stock prices have raised the likelihood the world's richest economy will enter into recession this year or has already done so, according to forecasts of a closely watched panel of economists released on Thursday.
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