Fannie Thinks Economic Expansion Just Peaked

Home / Blog / Fannie Thinks Economic Expansion Just Peaked

Posted To: MND NewsWire

The robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report for September. Initial data indicates the 4.2 percent growth last quarter appears to be moderating to the estimated third quarter gain of 3.2 percent predicted in the August report. All factors considered, including inventory restocking and increased government spending leads Fannie's Economic and Strategic Research Group (ESR) to expect full-year 2018 growth of 3.0 percent before a slowdown to 2.3 percent in 2019 as the fiscal stimulus runs its course. ESR expects consumer spending and business fixed investment growth to moderate but remain at a solid pace but expect that trade will drag on growth. Second quarter growth had benefitted in part...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

db04239b b455 48bc a792 eaabc1c4c8f9 2ed1b550 1991 491e 8016 416ae8f8232a fcf496d3 d658 435c ae76 374646836980 eccc173a 2dee 4a58 8f7f 2750c416658c ee308869 1789 439a 9af3 a845b7d5b723 289d8a3e d3d9 4bb3 8a0c c2fd154f2791 cbb45ed3 4c02 4b83 8203 41010e1e68dd 62feb0eb d282 4a63 9d16 dd8230adc029 7855fa2b d2cb 4b45 b41c d51b97ba649b 869bdfb4 9e78 4f6d 89e7 da8062c49d1f 1c46f108 edc6 40ec b69d 8f1bf667f1e7 4078ac8b 0f3a 41aa 93be dcfd67be6347 1ef882d9 6745 47c2 87d7 07d08c3ed93d 425dbfcd 6a98 4aec 86b9 2ebcb3cd1488 85f8688b 5b77 4c6c 8742 33957a511e74 985cedd5 faf2 400f 92ce c0f9a76c2345 555ad8b1 93f1 490a a937 66a18d24bed4 db42618c 8761 4d9e ab25 02f3ef1a6b9f e857c6d7 c777 4b0a b712 5f071918025a 3f6d3c58 07b7 4db1 818f 807ed401dc00 66156616 5db9 46fc ae8c 610b35ca4557 df78a5a0 6937 4761 ae33 dc26df3000df 0a61061c e1a4 485b ac70 1c2dc0f61db7