Maybe I'm just a "glass-half-full" kind of guy, but I think better days are ahead.  True, economic growth slowed in the 4th quarter of 2007, but unemployment is still around 5%, a figure which was considered almost full employment not too long ago.  A few months of sluggish activity isn't usually enough to signal a recession.

I tend to think that lower housing prices, driven by the increased supply of available homes will eventually redound to our benefit.  It's a buyer's market, and I think the economy will bounce back in the spring.

Regards,
Scott Perry