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WASHINGTON, March 17, 2021 /PRNewswire/ As vaccines deploy and social lockdown measures continue to ease, U.S. economic expansion is expected to accelerate this spring, with real GDP growth hitting 8.4 percent in the second quarter and 6.6 percent for the full year before moderating in 2022, according to the March 2021 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group s latest forecast includes only modest and intertemporal revisions to the topline economic numbers, reflecting recent developments registering mostly offsetting impacts to growth, including stronger-than-expected consumer spending data, weather- and energy-related disruptions across wide swaths of the country, new details regarding the stimulus bill, showing some government expenditures to be later than previously expected, and updated interest rate expectations. Right now, risks to further economic recovery remain largely n
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® (HPSI) decreased in February by 1.2 points to 76.5. Four of the HPSI s six components fell month over month, including most notably the homebuying conditions and household income components. Offsetting much of that decline, however, was increased optimism regarding job security, with consumers reporting a significantly more positive view of the labor market compared to January. Year over year, the HPSI is down 16.0 points. As we expected, the HPSI remained relatively flat in February, but underlying data indicate growing job-related optimism among consumers, especially among lower-income and renter groups, said Doug Duncan, Fannie Mae Senior Vice President and Chief Economist. With the growing likelihood that lockdown restrictions will continue easing as vacc
U S Economy Expected to Expand at 6 7 Percent Clip in 2021 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.