Healthy Economic Growth Predicted

White House economists said yesterday that the U.S. economy should continue to grow at a healthy pace in the years ahead, even as they warned that the housing market is likely to cool and energy prices may spike in response to supply disruptions.

“The economy has shifted from recovery to sustained expansion,” the Council of Economic Advisers wrote in its annual Economic Report of the President, which was sent to Congress yesterday. “Prospects remain good for continued growth in the years ahead.”

washingtonpost