Economists Say The Future Looks Good For The Housing Market

All reports are showing that America is handling the downturns that are plaguing its housing and auto markets.

According to reports released by housing industry leaders and auto maker's numbers are down across the board. It appears as though the economy has a little wobble, but many economists say that the nation will weather the storm.

Economists have said they are expecting the country to go into a period of sub par growth but they feel that by looking at past numbers and the ones that are predicted for the upcoming year things will be okay.

This is stark contrast to doomsdayers who are predicting sharp rises in unemployment and many small businesses losing their confidence.

The Federal Reserve seems to have faith in the economy as well.

They are scheduled to meet this upcoming Tuesday and the central bankers are leaking that they will not change interest rates.

If anything an insider reports, this meeting will be to discuss the resilience of the housing market more than any future recession.