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Not great timing for the Republicans. From The Post: -

The cooling housing market sent a chill through the economy in the third quarter, helping to slow growth to its weakest pace in more than three years, the government said yesterday.

The nation’s gross domestic product, the value of all goods and services produced, expanded at a sluggish 1.6 percent annual rate in the quarter, down from a moderate 2.6 percent pace in the second quarter, the Commerce Department reported. In the first three months of the year, the economy grew at a sizzling 5.6 percent annual rate.