Tag Archives: Economic Growth

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.

Fannie Mae is predicting economic growth to grow rapidly in Q3. How will these predictions coincide with housing?

Financial markets in the U.S. are showing continued improvement as the year progresses, but Fannie Mae expects economic growth to remain flat, which could place a damper on the housing market.

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."

Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Peter Muoio, Chief Economist with Auction.com.

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.

Despite an anticipated pickup in economic growth and housing recovery in the second half of this year,Fannie Mae expects the economy to grow at just 1.5 percent overall this year.

The Conference Board’s Leading Economic Index (LEI) was updated Monday, rising for the third straight month. The LEI increased 0.8 percent in March to 100.9, outpacing increases of 0.2 percent in January and 0.5 percent in February.

Fannie Mae's Economic & Strategic Research Group expects economic growth in the first quarter to come in around 2.0 percent, but thereafter, the economy should pick up. Economic growth for the year is expected at 2.7 percent, according to the research group.