By Kristin Roberts, Reuters


The U.S. economy expanded through the second quarter of 2005 despite higher interest rates and energy prices but signs of moderation in the hot housing market may be emerging, a report from a bank regulatory agency said on Tuesday.


The Federal Deposit Insurance Corp. said labor, credit and residential real estate conditions were strongest in the U.S. West, Northeast and areas of the South, particularly Florida and Virginia.


For this complete story, please visit FDIC Eyes Signs of U.S. Housing, Economic Moderation.


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