Economy

Paulson: Economy Is Better But Housing Still a Threat

AFX
Thomson Financial

The US economy should be growing faster and financial markets should be more stable by the end of this year, but housing will still pose the biggest economic threat, Treasury Secretary Henry Paulson predicted.

"Although we are still working through housing and capital markets issues, and expect to be doing so for some time, we also expect to see a faster pace of economic growth before the end of the year," he said at a Washington Post lunch honoring the top 200 businesses in the capital area.