CEA's Annual Economic Report Released

From the Report's Overview:

The U.S. economy retains a solid foundation, even as it faces challenges ahead. Toward the end of 2007, there were increasingly mixed economic indicators (see Chapters 1 and 2). Economic growth is expected to continue in 2008. Most market forecasts suggest a slower pace in the first half of 2008, followed by strengthened growth in the second half of the year. The inherent resilience of our economy has enabled it to absorb multiple shocks in recent years, but the President does not take this growth for granted.

Download the Report (pdf) and related Council of Economic Advisers publications from the White House website. [JH]