Bloomberg - "Housing `Hangover' Kills Jobs as Spending Wanes; More Cuts Loom " (2-21-07)

"Even if the housing market improves in the second half of 2007, as the National Association of Realtors predicts, sales of furniture and construction supplies will stagnate, said Amal Bendimerad, a research analyst at the Harvard center. Housing and related industries account for about 23 percent of the economy, according to the center."