2018 Growth Forecast Upgraded Again, No Thanks to Housing
August 16, 2018
August 16, 2018
WASHINGTON, Aug. 16 -- Fannie Mae issued the following corporate news release:
The Fannie Mae Economic and Strategic Research Group revised upward its full-year 2018 economic growth forecast to 3.0 percent - from 2.8 percent in the prior forecast - on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic and Housing Outlook. The ESR Group also continues to cit . . .
The Fannie Mae Economic and Strategic Research Group revised upward its full-year 2018 economic growth forecast to 3.0 percent - from 2.8 percent in the prior forecast - on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic and Housing Outlook. The ESR Group also continues to cit . . .