Recession looms.The state is in for a rough 18 months, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX Anderson Forecast. Thanks to a real estate slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. , the state could teeter on the brink of recession, said economist Ryan Ratcliff. He predicts year-over-year job growth will slow to 0.7 percent, half of the 2006 growth rate, while unemployment will rise to near 6 percent from the current 5.3 percent. Personal income growth is also expected to slow to 4.7 percent from 6.4 percent in 2006. But, Ratcliff says the state, like the nation, should escape a full-blown recession, unless there's a substantial weakening weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak en·er n. in another economic sector or the
real estate collapse is more severe than anticipated.
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