Press release: “Recent data indicate that economic growth and the pace of job creation have slowed. At the same time, the unemployment rate remains low and core inflation is contained. We expect that the economy will continue to expand, even as the housing downturn and credit market strains remain a drag on growth. Rapid enactment of the bipartisan growth package passed by the House of Representatives would provide important support for the economy this year.” Assistant Secretary Phillip Swagel, February 1, 2008.