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Fannie Mae: GDP Beats Expectations But Underlying Momentum Slowed At The End Of 2022
January 28, 2023
WASHINGTON, Jan. 28 -- Fannie Mae issued the following economic and housing weekly note:

Key Takeaways:

* Gross domestic product (GDP), adjusted for inflation, increased at a 2.9 percent seasonally adjusted annualized rate (SAAR) in Q4 2022, bringing the q4/q4 growth rate to 1.0 percent, according to the Bureau of Economic Analysis (BEA). The stronger-than-expected rate was due in part to ongoing volatility in inventory investment and net exports, which added 1.5 and 0 . . .

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