Saturday, May 19, 2007

Kimmitt says housing sector stabilizing

(Reuters) - Kimmitt was sent to the G8 session as a stand-in for Treasury Secretary Henry Paulson, who stayed in Washington to prepare for economic discussions next week with a high-level delegation from China, which Paulson has made a priority.




"While the economy grew modestly in the first quarter, we are confident it will return toward trend over the year," Kimmitt said in a statement issued at the conclusion of the G8 meeting that began on Friday evening and wrapped up on Saturday afternoon.


Read more at Reuters.com Business News

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