Mon Mar 3, 12:18 AM ET WASHINGTON (Reuters) - The combined punch of subprime mortgage defaults and heavy debt remains the biggest risk to the health of the U.S. economy, a panel of business economists said on Monday."NABE members are increasingly concerned over the short-term risks associated with subprime mortgages and other forms of indebtedness, while they continue to cast a wary eye on inflation," said Ellen Hughes-Cromwick, president of the National Association for Business Economists.
The conclusion was based on a survey of 259 members conducted between February 1-15 and updates a poll conducted in August.
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