Items Tagged with 'GDP'

ARTICLES

  • Fannie Mae: Home sales will stabilize in 2019

    But affordability remains key challenge
    Home sales will stabilize this year, with a solid labor market and strong household formations driving demand, Fannie Mae's Economic and Strategic Research Group stated in its March outlook. But while slowing home price appreciation and lower mortgage rates have improved affordability, it will continue to be a challenge in 2019.
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  • The true economic impact of the shutdown has just begun to reveal itself

    Initial estimates place loss to U.S. economy in the billions
    Now that the longest government shutdown in U.S. history is officially over (for the time being, at least) and the dust is starting to settle, we’re getting our first look at the cost of the shutdown on the economy. According to S&P, the economy lost at least $6 billion dollars because of the shutdown, which S&P notes is more than the $5.7 billion that the White House requested for the border wall that was the central cause of the shutdown itself.
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  • Freddie Mac: Mortgage rates reach highest level since May

    Mortgage rates inch forward for fourth consecutive week
    Mortgage rates inched forward for the fourth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said the 30-year fixed-rate mortgage increased once again to its highest level since May.
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  • GDP growth even stronger than last quarter

    But gross domestic income slowed considerably
    As it turns out, real gross domestic product increased at an annual rate of 4.2% in the second quarter of 2018, according to the revised, second estimate released by the U.S. Bureau of Economic Analysis.
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  • Should Americans prepare for 5% GDP growth in Q3?

    One early predictor says yes
    President Donald Trump made a campaign promise to make 4% gross domestic product growth a reality in the U.S. After hitting the 4% mark in the second quarter, can Americans expect to see growth as high as 5% in the third quarter? One forecast says yes.
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  • Here’s what Friday’s tariffs will do to U.S. economy

    Economist predicts destruction of 4% of world trade
    Trade tariffs between China and the U.S. are set for Friday, and economists are already predicting what the effect will be on the U.S. and global economy. A new report from Oxford Economics shows the growing trade war between the U.S., Europe, China and other countries could reduce world trade by 4%, and here’s what that could mean for the U.S.
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