Posted AT 11:26 AM EDT on 04/07/06
U.S. economy seen slowing
High energy prices and elevated interest rates will put a damper on the U.S. economy during the balance of 2006 and into next year, the Conference Board of Canada predicted in its latest economic forecast.
Higher and higher energy costs have hardly made a dent in consumer spending in recent years, but that trend is likely to end soon, the board said.
"The party is expected to wind down," said Kip Beckman, the board's principal research associate.
The full text of this article has 211 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
| Market | Change | Value |
|---|---|---|
| Data delayed 20 minutes | ||
| S&P/TSX | +156.14 | 14,984.20 |
| DJIA | -5.86 | 12,986.80 |
| S&P 500 | +1.78 | 1,425.35 |
| Nasdaq | -4.88 | 2,528.85 |
| Stock Profile | Sponsored by: |
|---|---|
 |
MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Eric Sprott: Short sellers tarnished my IPO 11:50 AM
|
| 2. | Loonie holds above par 4:57 PM
|
| 3. | Saudi raises oil production 1:36 PM
|
| 4. | Sorry Charlie ... you may be for sale 1:40 PM
|
| 5. | Biovail, U.S. settle over Cardizem 5:05 PM
|
| 6. | Judge puts off ABCP ruling 2:41 PM
|
| 7. | Life after Buzz 15/05/08 9:15 PM
|
| 8. | The mind behind the ads 2:00 AM
|
| 9. | AOL sheds its brand to draw specialty audiences 3:07 PM
|
| 10. | Rothmans grows annual profit by 18 per cent 7:43 AM
|
Earlier Discussion
- Tiptoeing through the job interview minefield
- Career coach Cynthia Shapiro on what works and what doesn't
Video Pick
- Market Call
- Energy industry specialist Glenn MacNeill takes questions about Canadian oil and gas stocks
Streetwise Blog
- CC&L sends invites to energy party
- Plus: TSX trading turns blue chip
Incubator video
- Trekking to the top
- Bruce Poon Tip on building the world's biggest adventure travel company
Law Page
- Who's driving the bus here?
- A legal firm's breakup may help determine the roles of lawyers and clients in the age of class actions
Top 40 Under 40
- Honouring bright young leaders
- 'I call these people swans,' awards founder says of winners for 2007
Madelaine DrohanRising food prices a 'sudden' crisis 15 years in the making
John HeinzlBullish newsletters versus bearish analysts
Fabrice TaylorWith Sprott, the funds may be best bet
Marcus GeeThe pointless proposition for a binational Israel
Neil ReynoldsBig Oil firms aren't the bandits here