Items Tagged with 'GDP'


  • 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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  • GDP revised down as residential investment falls

    Revised down to just 2%
    Real gross domestic product was revised down once again to an annual rate of 2% as residential investment fell in the first quarter of 2018. The latest report from the Bureau of Economic Analysis shows the revisions made from previous estimates.
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  • Housing investment pulls GDP down in first quarter

    Second estimate revises downward
    The already-lower gross domestic product in the first quarter of 2018 was revised downward Wednesday. The downward revision can be contributed to a drop in housing investment, however one expert explained he expects GDP to see a strong rebound in the second quarter.
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  • HousingWire's weekly news podcast #4

    We discuss TRID, GDP and the expansion of Freddie Mac's 3% down program
    This week, HousingWire Editor-in-Chief Jacob Gaffney is joined by Reporter Kelsey Ramírez and Online Editor Caroline Basile to discuss the CFPB's final amendment to the Know Before You Owe rule, disappointing GDP results, mortgage rates, and Freddie Mac's expansion of its 3% down program.
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  • Trump tax cuts fail to provide boost to nation’s GDP

    Low GDP reflects current “housing crisis”
    Gross domestic product was a disappointment, shrinking in the first quarter despite the recent tax cuts passed at the end of 2017. One expert explained that the current slowdown reflects an ongoing housing crisis, and what can be done to reverse it.
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  • Construction sees most growth since first quarter of 2016

    Could signal relief to inventory-starved market
    Construction growth saw a surge in the fourth quarter of 2017 to the highest level since the beginning of 2016. Even as the number of new homes constructed continues to struggle, the increasing GDP within the construction industry gives hope that new home construction will soon see a surge.
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  • Final estimate raises fourth quarter GDP to 2.9%

    Growth remains near 3% mark for third consecutive quarter
    The third and final estimate brought the fourth quarter’s gross domestic product up slightly from previous estimates. While growth dipped slightly in the fourth quarter, overall it has held relatively steady since the second quarter of 2017, with growth rates near 3%.
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