Fannie Mae: Consumer spending growth to pick up in Q2

Home / Daily Dose / Fannie Mae Projects a Familiar Story for Q2. spending growth will pick up this quarter. Fannie projects personal consumption expenditures to rise from 0.3 percent in Q1 to 3.

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.

California’s housing affordability crisis isn’t going away What you need to know about California's housing crisis. – The housing crisis has major repercussions for the economy. Big business is also feeling the pinch of California’s housing crisis. The mckinsey global institute found that housing shortages cost the economy between $143 billion and $233 billion annually, not taking into account second-order costs to health, education and the environment. Much.

The world’s biggest vendor of computer equipment and provider of information technology services sees signs that corporate spending on tech gear is picking up in the Americas and. American.

In the second quarter, the available data suggest that business fixed investment appears to have expanded moderately. Nevertheless, surveys of capital spending plans. and tight credit conditions..

Despite deteriorating economic activity at the end of 2013 continuing through the first quarter of this year, growth is expected to pick up in the second quarter. to fully materialize. But Fannie.

Improved conditions in Q2 were driven by increases in consumer spending and residential and nonresidential investments, combined with a waning drag from net exports, according to Fannie Mae. In.

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