Items Tagged with 'U.S. Bureau of Economic Analysis'

ARTICLES

  • Waters and 18 legislators demand Federal Reserve continue to regulate megabanks

    Ranking Member and Congressmen, D-Colo. Ed Perlmutter helps lead the charge
    This week, members of Congress demanded the Federal Reserve maintain strong capital requirements for Global Systemically Important Banks. Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., and Ranking Member of the House Committee on Financial Services Subcommittee on Terrorism and Illicit Finance Ed Perlmutter, D-Colo., led the charge.
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  • Freddie Mac: Mortgage rates continue to inch higher

    The 30-year fixed-rate increases for second consecutive week
    Mortgage rates continue to slightly increase, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said weakening affordability is hindering prospective buyers, but the good news is that purchase mortgage applications have now rebounded to 2017 levels.
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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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  • 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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  • 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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