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Fannie Mae revises economic forecast downward for next two years

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Fannie Mae is backing down slightly on its economic forecast for the remainder of 2018. The first quarter GDP growth of 2.3 percent was the slowest in a year, down from 2.9 percent a year earlier. Following more than two years of. will increase in the next 12 months, down from 74 percent in the previous year.

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The mortgage giant revised its projection for GDP growth to 1.5% for next. Last month, Fannie Mae was forecasting next year would see a 1.8%. payroll jobs in May and downward revisions to its March and April numbers.”. Compass opens West Coast tech hub 2 blocks from Amazon's headquarters.

Fannie Mae revises economic forecast downward for next two years. By R.A. Schuetz. Published 9:39 am CDT, Monday, June 17, 2019.

According to the Fannie Mae Economic and Strategic Research (ESR) Group’s March 2018 Economic and Housing Outlook, the full-year 2018 forecast of real GDP growth by one-tenth to 2.8 percent, while the full-year 2019 forecast by two-tenths to 2.5 percent.Fannie Mae also downgraded its first quarter forecast from 2.7 percent to 2.2 percent, blaming the drop on slowdowns in housing activity and.

Fannie Mae Holds 2019 Forecast Steady at 2.2 Percent Growth and One fed rate hike But the Fed’s Dovish Shift Is Expected to Help Housing and Broader Economic Conditions

The monthly average job growth so far in 2019 is 158,000, which is far below the. temporary Census workers,” said Fannie Mae's Chief Economist Doug Duncan . “Job growth for the previous two months was revised downward. about the economic outlook and are taking a more measured approach.

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Fannie Mae downgraded its forecast for. 2020 will see the worst economy in more than a decade. The mortgage giant revised its projection for GDP growth to 1.5% for next year, which would be the.

Realtor.com expects price growth to slow, rising just 2.2 percent in 2019. “Inventory will continue to increase next year, but unless there is a major shift in the economic trajectory. “We’ve.

February 22, 2019. Fannie mae expects gdp growth of 2.2% this year, down from 3.1% in 2018. The GSE’s Economic and Strategic Research Group is also predicting just one hike by the Federal Reserve to the federal funds rate during 2019.

WASHINGTON, April 18, 2019 /PRNewswire/ — Headline economic growth for 2019 continues to be forecast at 2.2 percent, down from 3.0 percent in 2018, according to the Fannie Mae Economic and.

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