U.S. Treasury's Swagel Says U.S. Economy in Slowdown Not Recession

U.S. Treasury's Swagel Says U.S. Economy in Slowdown Not Recessionhttp://www.mortgagenewsdaily.com/552008_Treasury_Recession.aspSpeaking in an interview with Diane Rehm on WAMU radio, Assistant Secretary for Economic Policy at the U.S. Department of Treasury Philip Swagel said that recent data suggested the economy was merely experiencing a slowdown rather than an outright recessionenCommunityServer 2008 SP2 (Build: 31106.96)