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Tag Archives: Economic Growth

Predicting Economic Growth

Despite an uncertain political climate and lower-than-projected growth the first half of the year, the U.S. economy is still poised for strong growth by the close of 2017. Find out just how much growth in Fannie Mae’s latest report.

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Proceed With Caution: Existing Home Sales and Economic Growth

Monday, Fannie Mae reported that they expect a rebound in economic growth and consumer spending will resume its position as the biggest contributor. With labor and inventory shortages still prevalent, the housing market hasn’t changed very much and home prices are still on the rise. Based on their research, Fannie expects mortgage rates to remain supportive, but the outlook on existing home sales remains cautious.

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Fannie Mae Projects a Familiar Story for Q2

Fannie Mae predicts a steady growth in the economy, driven mainly by consumer spending in Q2. The GSE’s projections for a more robust Q2 are following a familiar path. This year looks to be the fourth one in a row in which Q2 rebounded after a droopy Q1.

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Relationship Between Slow Economic Growth and Income Inequality is Tenuous

Daniel Carroll, an economist with the Cleveland Fed, and Eric Young, a professor at the University of Virginia, contend in their commentary titled "Zero Growth and Long Run Inequality" that "to the extent that different rates of trend growth are associated with changes in wealth inequality, lower growth tends to yield less inequality rather than more."

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Texas Economic Growth Steady

The Texas economy grew during the first half of 2014. From January 1 through the end of June, Texas employment has grown 3.3 percent, which is better than the national average.

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