The economy may be in a slowdown mode, thanks to the housing market, but indicators point to continued growth with another strong year for mergers and acquisitions through 2007, according to analysts.
The observation came during a Standard & Poor's conference call yesterday, when analysts assessed the 2007 economy.
David Wyss, S&P's chief economist, said indicators point to an economic slowdown with consumer spending continuing to buoy the economy, despite weakness in the housing sector.
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