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2018 Growth Forecast Holds But 2019 Gets Modest Downgrade

Thursday, May 17, 2018 6:51
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By R. Mitchell -

The forecast for 2018 full-year growth remains unchanged at 2.7 percent, according to the Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook. However, 2019 economic growth was downgraded to 2.3 percent due to the expectation of fading fiscal stimulus and a tightening labor market. “We remain confident …

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