Items Tagged with 'Economic growth'

ARTICLES

  • 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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  • Goldman Sachs: Fed to raise rates once a quarter until 2019

    Federal funds to hit 3.25% to 3.5% by end of next year
    The Federal Reserve elected to increase interest rates during its March meeting for the first time in 2018, but it’s far from done raising rates for the year, or so says a note Goldman Sachs sent to clients. In fact, the Fed could raise rates as quickly as once per quarter.
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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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  • Monday Morning Cup Of Coffee: Mulvaney's CFPB losing interest in payday lenders?

    Are you surprised?
    Is Mick Mulvaney's CFPB easing up on payday lenders? The agency has dropped its case against one such lender and is mulling over dropping the cases of three more. Also, JPMorgan Chase predicts the turbulent market will calm down heading into the second quarter while S&P Global Ratings notes that falling housing profits over the last four quarters may be a side effect of fewer lenders easing credit standards.
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  • GDP revised down slightly in fourth quarter

    General picture of economic growth remains the same
    Real gross domestic product in the fourth quarter decreased slightly from the previous estimate. The report explained that while the estimated GDP did drop slightly from the previous estimate, the general picture of economic growth remains the same.
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  • Housing industry applauds Trump’s State of the Union address

    But will the booming economy solve housing affordability issues?
    As expected, the president touched on topics such as recently passed tax reform and the ongoing immigration debate in his State of the Union address Tuesday night. Housing experts applauded the president’s speech, but one pointed out that while Trump’s claimed the economy is booming, low levels of affordability and rising home prices continue to plague the housing market.
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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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  • Experts: 2018 set to be best economic year since housing crisis

    Increase in construction jobs is just what housing market needed
    Although December’s job report numbers disappointed experts’ expectations, many explained that the end-of-year increase in construction jobs is just what the housing market needed. One expert explained that despite the lower than expected increase in December, the jobs market remains strong, and is a key reason why the economy is poised for its best year since the crisis in 2018.
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