Pick one economist from Column A…

Potpourri of economists on the U.S. housing market.

If housing construction’s share of economic output falls to the same level it hit in the early 1990s, after the last housing boom, ” you’ll get a substantial drag on growth.” He expects growth to slow to 1.5 percent next year, from a projected 3.3 percent this year, and the Fed to cut its rate target to 3.5 percent by mid-2008.

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