Items Tagged with 'GDP'


  • Fannie Mae forecasts 2.7% real GDP growth in 2018

    Hikes mortgage interest rate prediction
    Fannie Mae announced it is forecasting strong economic growth with 2.7% real gross domestic product growth in 2018. "While our 2018 growth forecast remains unchanged, upside and downside risks are emerging that are contingent on policy influences."
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  • Economic growth slows in fourth quarter

    An unexpected slowdown
    Economic growth unexpectedly slowed in 2017's fourth quarter with GDP increasing 2.6%, according to an advance estimate from the Bureau of Economic Analysis. For 2017, the economy grew 2.3%, an increase from the 1.5% growth seen in 2016.
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  • Final estimate downwardly revises Q3 GDP

    Still higher than second quarter
    The final estimate for the third quarter decreased gross domestic product slightly from the previous estimate. However, GDP is still up from the second quarter. Despite a slow start to this year, the second and third quarters have shown solid growth.
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  • Fannie Mae: We expect 2017 to go out with a bang

    GDP to come in at 2.5% for the year
    This year is almost over, and it will end on a cheerful note, or so says the December 2017 Economic and Housing Outlook from Fannie Mae. The mortgage giant explained that while its current predictions say 2018’s GDP to decelerate to 2.1%, tax reform could change everything.
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  • GDP unexpectedly continues 3% growth surge

    Remains unaffected by hurricanes
    GDP increased at a strong rate once again in the third quarter, much to the shock of economists, who expected the recent hurricanes to take a toll on the growth. After a rough start to 2017, the year’s GDP grew to and held steady at or above a 3% growth rate for the first time since 2015. In fact, it was the first time two consecutive quarters hit the 3% mark since the second and third quarters of 2014.
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  • Final estimate shows GDP growth exploded in Q2

    But it may not last
    Gross domestic product surged in the second quarter, more than doubling the growth from the first quarter this year. But while it would appear President Trump is well on his way to fulfilling his campaign promise of 4% GDP, this growth may be short-lived.
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  • Fannie Mae increases economic growth predictions for first time in 2017

    Forecast increases despite uncertainty following hurricanes
    For the first time in 2017, Fannie Mae’s Ecomoic and Strategic Research Group increased its full-year economic growth predictions, despite the many economic uncertainties facing the U.S. But while the group continues to predict a third rate hike in December, it explained there is a growing possibility the interest rate hike will have to hold off until next year.
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