Fannie Mae: Consumer spending growth to pick up in Q2

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Fannie Mae: US economy picks up steam – Furthermore, consumer spending and the employment. and the steady pickup during the past few months validates our expectations for the second half of the year,” said fannie mae chief economist Doug.

WASHINGTON, Nov. 20, 2018 /PRNewswire/ — The Fannie Mae Economic. While consumer spending growth is expected to moderate from the robust second and third quarters, both business fixed investment.

Thursday’s Top Stories in the United States. He was confident that U.S. consumer spending is strengthening, but warned that the country’s 5% unemployment rate, which would historically be considered full employment, must now be considered in a global context.. * The approach of the 2018 deadline when Fannie Mae and Freddie Mac capital.

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. on services showing the largest gain in nearly two years,” says Fannie Mae Chief Economist Doug Duncan. “However, the pickup in consumer spending has outpaced income growth, which means that.

KEYWORDS Consumer spending Economic and Housing Outlook Economic growth Fannie Mae Fannie Mae held its growth expectations at 2% for the year despite the slowdown in the first quarter, according.

Despite the slowdown in economic growth in the first quarter, Fannie Mae remained unchanged in its economic growth forecast, saying consumer spending is set to pick up in the second quarter. And while economic growth slowed in consumer spending, housing remained solid throughout the quarter.

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Webinar - secondary market Fannie Mae Holds 2019 Forecast Steady at 2.2 Percent Growth and. – Slowing global economic growth and trade uncertainty remain downside. slowdown in consumer spending on degraded consumer sentiment.

Fannie Mae’s. helping to boost growth. Furthermore, consumer spending and the employment sector appear to be growing sustainably, which may help to offset downside risks from the expected.

After softening this quarter, real consumer. says Fannie Mae Chief Economist Doug Duncan. “Although consumers have been more cautious in recent months, preferring to save rather than spend, we.

Fannie Mae (OTCQB. for slowing consumer spending growth. Trade policy remains a key downside risk. Sees 2.3% growth in 2019 as fiscal policy impacts (i.e., tax cuts) fade and monetary policy.