The Desert Sun - "Expert: Housing market drag on state until 2008" (11-16-06)

"The downturn in the housing industry will continue to depress the state's economy for most of next year before stabilizing in 2008, the Legislature's top budget analyst predicted Wednesday."

"Legislative Budget Analyst Elizabeth Hill forecast that residential construction will fall by 4.4 percent in 2006 and by an additional 13 percent in 2007."