They are worried, however, about a lingering slowdown in other countries, particularly France, where consumer spending has slowed.
The simplest explanation for the regional trends, economists say, is that the most diversified economies, like Georgia's, are suffering along with the nation through the lingering slowdown that has kept prosperity well around the corner.
But they add that most house prices continue to rise in spite of the lingering economic slowdown.
The Fed has cut the rate 12 times since the start of 2001 in an effort to encourage spending and end the lingering economic slowdown.
The industry's cachet, which was tarnished during the financial disaster, has been further stained by the lingering economic slowdown and a series of highly publicized industry scandals that have drawn critical attention to the big banks.
The industry's cachet has been further stained by the lingering economic slowdown and a series of highly publicized industry scandals that have drawn critical attention to the big banks.
So, with the slowdown lingering, and the United States apparently on the verge of invading Iraq, people are wondering whether a war, whatever its benefits and costs, would give the economy a jolt.
EADS predicted that its commercial aircraft business would continue to have steady growth this year and said it did not expect any major disruption to global air traffic as a result of the economic slowdown and lingering sovereign debt crisis in Europe.
"The lingering woes of the Chinese slowdown affecting the US mean the domestic recovery of labour and inflation figures will have to be boosted before [Federal Reserve chair] Janet Yellen takes the plunge into calling a rate hike," he said.
On Monday, the nonpartisan Congressional Budget Office published new calculations showing that the budget deficit now stems almost entirely from tax cuts and spending increases rather than from lingering effects of the economic slowdown.
A recent survey by Merrill Lynch found that big corporations planned to increase their tech budgets by only 5-6% thalfyear, halast yearear's figure.Some of the present slump is cyclical an ugly combination of stockmarket crash and economic slowdown, with a lingering Y2K hangover thrown in.
