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- 2009 economic forecast grim (The Santa Rosa Press Democrat)
The worst recession to hit the state and nation in more than two decades could extend beyond next year, sapping consumer spending and extending the housing slump. Sonoma County's median home price could fall below $300,000, according to a new forecast.
www.pressdemocrat.com - U.S. to purchase more student loans (Centre Daily Times)
The government announced plans Friday to expand purchases of the student loans it backs to head off a potential shortfall going into the next school year. The fear that has caused financing costs to spike for mortgage and auto loans has also plagued student loans, a normally safe corner of the market.
www.centredaily.com - Construction minister says spending cuts would be 'irresponsible' (contractjournal.com)
New construction minister Iain Pearson has pledged to keep investing in public sector construction projects after warning that spending cuts would be "grossly irresponsible".
www.contractjournal.com
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