Economic Growth Outlook Unchanged Following Recent Hurricanes
October 17, 2017
October 17, 2017
WASHINGTON, Oct. 17 -- Fannie Mae issued the following corporate news release:
The full-year 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic & Strategic Research (ESR) Group's October 2017 Economic and Housing Outlook. For the third quarter, it is likely that consumer spending growth weakened and residential investment declin . . .
The full-year 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic & Strategic Research (ESR) Group's October 2017 Economic and Housing Outlook. For the third quarter, it is likely that consumer spending growth weakened and residential investment declin . . .