FANNIE MAE ECONOMIC GROWTH FORECAST: OUTLOOK HOLDS STEADY FOR 2016

摘要

In a June 20, 2016, release, Fannie Mae's (FNMA/ OTC) Economic & Strategic Research (ESR) Group's full-year economic growth forecast remains unchanged in June from the prior forecast of 1.7 percent. Recent data emphasize the uneven nature of the current economic expansion. Consumer spending and housing activity have picked up, but a slowing trend in hiring and business investment has increased downside risks to the forecast. Headwinds facing businesses include declining profits, weakening productivity, and rising labor costs.