Commercial Printing Outlook — Tepid Vote of Confidence

While he has been amazed by how much more stable the U.S. economy has been in recent years, Davis sees the factors that heightened the risk of the economy being knocked off target in 2007—housing market and oil prices—carrying over into 2008 at about the same level. “I think we can walk the line for another year and stay out of recession. Our economy has become more service oriented, less manufacturing based and more global, which evens out the ups and downs.”