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Home | Tag Archives: GDP

Tag Archives: GDP

Economic Growth Slows as GDP Expansion for Q4 Falls Short of Economists’ Predictions

cutting-money

According to BEA, the slowdown mostly came from a rise in imports coupled with a decline in exports, a downturn in government spending, and decelerations in nonresidential fixed investment. Those weaknesses were offset by an upturn in private inventory investment and a pickup in consumer spending as falling gas prices left Americans with more discretionary income.

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Fannie Mae Expects Economy to ‘Drag’ Housing Toward Recovery in 2015

fanniemae

While that prediction is still modest, Fannie Mae says it's strong enough to "drag last year's unspectacular housing activity upward," according to the report. Fannie Mae credits projections for continued low gasoline prices, firming labor market conditions, rising household net worth, improving consumer and business confidence, and reduced fiscal headwinds to usher in a year of steady, if "not yet robust" economic improvement that should lead to a higher rate of household formation in 2015.

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Q3 GDP Revision Pushes Economy to Fastest Growth in a Decade

rising-arrows-two

According to BEA, the latest quarterly estimate includes improved contributions from consumer spending, which is now estimated to have increased 3.2 percent compared to Q2's 2.5 percent gain. Also improved in the third report was the contribution from nonresidential fixed investment, which increased 8.9 percent. Residential fixed investment—a measure of the housing market's direct contribution to economic activity—increased just 3.2 percent.

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Consumer Confidence Takes Downward Turn in November

depleted-money

According to the Conference Board, consumers in the latest survey were less optimistic about the labor market outlook, reflected in a decline in the share of respondents expecting more jobs in the next six months and an increase of more than 2 percentage points in the share expecting fewer jobs.

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GDP Inches Upward In BEA’s Third Estimate

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According to BEA, the turnaround in the second quarter largely reflected positive contributions from consumer spending, exports, private inventory investment, state and local government spending, and both residential and non-residential fixed investment.

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Analysts Forecast Economic Growth for 2015

forecast

Despite slower growth early in the year and a disappointing showing in August, the labor market managed to add more than 1.7 million jobs in 2014's first eight months, coming in at 300,000 more than average over the previous three years as payrolls kept up a steady streak of monthly gains above 200,000.

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