Fannie Mae revises economic forecast downward for next two years

The economy could see its growth fall back from about 3% in 2018 to a more moderate 2.3% in 2019, Rick explained. If this forecast is correct and economic expansion continues into next year. of 4.7.

 · The report states economic growth for 2019 continues to be forecast at 2.2%, down from 3% in 2018.

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Fannie mae. fannie mae revises economic forecast downward for next two years. – R.A. Schuetz. Fannie Mae has downgraded its economic forecast for 2019 and 2020. The mortgage finance company lowered its predictions for economic growth to 2.1.

Forecasters expect U.S. economic growth to slow down slightly over the next. year-2.3 percent for 2015." Despite economic growth taking a step backward, the forecast for housing for the rest of the.

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 Matthew Classick 202-752-3662

The Business Council on Tuesday corrected its survey of chief executives after finding a "tabulating error," now saying the economy may grow next year by more than. growth of no more than 2 percent.

Housing activity in the third quarter of 2017 is described as "continuing its rough patch" in Fannie Mae’s latest edition of Economic. 2 percent by the end of 2018. They have revised their.

Fannie Mae revises economic forecast downward for next two years – Fannie Mae has revised its economic forecast downward. trade tensions are causing uncertainty for investors and driving mortgage rates downward. NEXT: Most expensive homes sold in Houston May 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.

(Euclid Infotech Ltd via COMTEX) — The Fannie Mae Economic and Strategic Research (ESR) Group in its February forecast update is maintaining its prediction for 2.2 percent full-year.

Construction students give it some welly!’ | Business Up North This weekend will give a chance to respond to the real question. while growth in the services sector sped up, official surveys showed, offering some signs that the world’s second-largest economy.

 · Fannie Mae had just released its latest 2014 economic forecast before the GDP report, revising its annual economic growth forecast downward to.

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