NASA indicates that 2007 was one of the warmest years on record.
Here is the link and the story is below:
http://data.giss.nasa.gov/gistemp/2007/
GISS Surface Temperature Analysis
Global Temperature Trends: 2007 Summation
The year 2007 tied for second warmest in the period of instrumental
data, behind the record warmth of 2005, in the Goddard Institute for
Space Studies (GISS) analysis. 2007 tied 1998, which had leapt a
remarkable 0.2°C above the prior record with the help of the "El Niño
of the century". The unusual warmth in 2007 is noteworthy because it
occurs at a time when solar irradiance is at a minimum and the
equatorial Pacific Ocean is in the cool phase of its natural El Niño-La
Niña cycle.
Figure 1 shows 2007 temperature anomalies relative to the 1951-1980
base period mean. The global mean temperature anomaly, 0.57°C (about
1°F) warmer than the 1951-1980 mean, continues the strong warming trend
of the past thirty years that has been confidently attributed to the
effect of increasing human-made greenhouse gases (GHGs)
(Hansen et al. 2007).
The eight warmest years in the GISS record have all occurred since
1998, and the 14 warmest years in the record have all occurred since
1990.

Figure 1, above.
(a) Annual surface temperature anomaly relative to 1951-1980 mean,
based on surface air measurements at meteorological stations and ship
and satellite measurements of sea surface temperature. (b) Global map
of surface temperature anomalies for 2007. (Figure also available as large GIF or PDF.)
Arctic Warmth
The map reveals that the greatest warming has been in the Arctic and
neighboring high latitude regions. Polar amplification is an expected
characteristic of global warming, as the loss of ice and snow engenders
a positive feedback via increased absorption of sunlight. The large
Arctic warm anomaly of 2007 is consistent with observed record low
Arctic sea ice cover in September 2007.
El Niño-La Niña Cycle
Figure 2, at right.
Surface temperature anomalies for July-December 2007.
(Figure also available as large GIF or PDF.)
The cooler than normal equatorial region just to the west of South
America is a reflection of the ongoing La Niña phase of a phenomenon
dubbed the Southern Oscillation. In the La Niña phase of the El Niño-La
Niña cycle the equatorial winds in the Pacific Ocean blow with stronger
than average force from the east, driving warm surface waters toward
the Western Pacific. This induces upwelling of cold deep water near
Peru, which then spreads westward along the equator.
Figure 2, the surface temperature anomaly for July-December, shows that
the La Niña equatorial cooling is strong in the second half of the
year. The La Niña should thus continue to affect global temperatures
into 2008.
Solar Variability
The sun is another source of natural global temperature variability.
Figure 3, based on an analysis of satellite measurements by Richard
Willson, shows that 2007 is at the minimum of the current 10-11 year
solar cycle. Another analysis of the satellite data (not illustrated
here) by Judith Lean has the 2007 solar irradiance minimum slightly
lower than the two prior minima in the satellite era. The differences
between the two analyses are a result primarily of the lack of accurate
absolute calibrations and inadequate overlap of measurements by
successive satellites.
This cyclic solar variability yields a climate forcing change of about 0.3 W/m2 between solar maxima and solar minima. (Although solar irradiance of an area perpendicular to the solar beam is about 1366 W/m2, the absorption of solar energy averaged over day and night and the Earth's surface is about 240 W/m2.)
Several analyses have extracted empirical global temperature variations
of amplitude about 0.1°C associated with the 10-11 year solar cycle, a
magnitude consistent with climate model simulations, but this signal is
difficult to disentangle from other causes of global temperature
change, including unforced chaotic fluctuations.
Figure 3, at right.
Solar irradiance from analysis of satellite measurements by Willson and Mordvinov 2003 and subsequent ACRIM updates.
(Figure also available as large GIF or PDF.)
The solar minimum forcing is thus about 0.15 W/m2
relative to the mean solar forcing. For comparison, the human-made GHG
climate forcing is now increasing at a rate of about 0.3 W/m2 per decade (Hansen & Sato 2004). If the sun were to remain "stuck" in its present minimum for several decades, as has been suggested (e.g., Independent story)
in analogy to the solar Maunder Minimum of the seventeenth century,
that negative forcing would be balanced by a 5-year increase of GHGs.
Thus, in the current era of rapidly increasing GHGs, such solar
variations cannot have a substantial impact on long-term global warming
trends. Furthermore, recent sighting of the first sunspot of reversed
polarity (reported Jan. 4 by, e.g., SpaceWeather.com and NOAA) signifies that the ~ 4-year period of increasing solar irradiance is about to get underway.
Summary
The Southern Oscillation and the solar cycle have significant
effects on year-to-year global temperature change. Because both of
these natural effects were in their cool phases in 2007, the unusual
warmth of 2007 is all the more notable. It is apparent that there is no
letup in the steep global warming trend of the past 30 years (see
5-year mean curve in Figure 1a).
"Global warming stopped in 1998," has become a recent mantra of those
who wish to deny the reality of human-caused global warming. The
continued rapid increase of the five-year running mean temperature
exposes this assertion as nonsense. In reality, global temperature
jumped two standard deviations above the trend line in 1998 because the
"El Niño of the century" coincided with the calendar year, but there
has been no lessening of the underlying warming trend.
Global Predictions
The quasi-regularity of some natural climate forcing mechanisms,
combined with knowledge of human-made forcings, allows projection of
near-term global temperature trends with reasonably high confidence.
Prediction for a specific year is a bit hazardous, as evidenced by an
incorrect prediction of record global warmth made by the British
climate analysis group for 2007. Such speculations are useful, as they
draw attention to the mechanisms, and allow testing of understanding.
Presumably part of the basis for their prediction was an assumption of
a continued warming contribution from the 2006 El Niño. However,
evidence of El Niño warmth disappeared very early in 2007.
Solar irradiance will still be on or near its flat-bottomed minimum
in 2008. Temperature tendency associated with the solar cycle, because
of the Earth's thermal inertia, has its minimum delayed by almost a
quarter cycle, i.e., about two years. Thus solar change should not
contribute significantly to temperature change in 2008.
La Niña cooling in the second half of 2007 (Figure 2) is about as
intense as the regional cooling associated with any La Niña of the past
half century, as shown by comparison to Plate 9 in Hansen et al. (Hansen et al. 1999)
and updates to Plate 9 on the GISS web site. Effect of the current La
Niña on global surface temperature is likely to continue for at least
the first several months of 2008. Based on sequences of Pacific Ocean
surface temperature patterns in Plate 9, a next El Niño in 2009 or 2010
is perhaps the most likely timing. But whatever year it occurs, it is a
pretty safe bet that the next El Niño will help carry global
temperature to a significantly higher level.
Competing with the short-term solar and La Niña cooling effects is
the long-term global warming effect of human-made GHGs. The latter
includes the trend toward less Arctic sea ice that markedly increases
high latitude Northern Hemisphere temperatures. Although sea ice cover
fluctuates from year to year, the large recent loss of thick multi-year
ice implies that this warming effect at high latitudes should persist.
Based on these considerations, it is unlikely that 2008 will be a
year with truly exceptional global mean temperature. These
considerations also suggest that, barring the unlikely event of a large
volcanic eruption, a record global temperature clearly exceeding that
of 2005 can be expected within the next 2-3 years.
Data Flaw
Finally, we note that a minor data processing error found in the
GISS temperature analysis in early 2007 does not affect the present
analysis. The data processing flaw was failure to apply NOAA
adjustments to United States Historical Climatology Network stations in
2000-2006, as the records for those years were taken from a different
data base (Global Historical Climatology Network). This flaw affected
only 1.6% of the Earth's surface (contiguous 48 states) and only the
several years in the 21st century. As shown in Figure 4 and discussed elsewhere,
the effect of this flaw was immeasurable globally (~0.003°C) and small
even in its limited area. Contrary to reports in certain portions of
the media, the data processing flaw did not alter the ordering of the
warmest years on record. Obviously the global ranks were unaffected. In
the contiguous 48 states the statistical tie among 1934, 1998 and 2005
as the warmest year(s) was unchanged. In the current analysis, in the
flawed analysis, and in the published GISS analysis (Hansen et al. 2001),
1934 is the warmest year in the contiguous states (not globally) but by
an amount (magnitude of the order of 0.01°C) that is an order of
magnitude smaller than the uncertainty.

Figure 4, above.
Global and U.S. temperature anomalies with and without the data processing flaw.
(Figure also available as large GIF or PDF)
Further Information
GISS Surface Temperature Analysis (GISTEMP)
Related NASA news releases:
2007
2006,
2005,
2004.
Past global temperature annual summations:
2005,
2004,
2003,
2002,
2001.