Browsing Posts In: GDP

September 26, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The economy grew solidly in the second quarter, expanding at a 4.6 percent annualized rate. Business spending and residential investment from new home construction are leading the way. Such a fabulous growth rate, if it can be sustained, will mean fast-paced job creation and meaningful wage growth. Unfortunately, the latest pop in GDP looks to […]

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September 19, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Both imports and exports are rising much faster than the broader economy. That means more companies are seeing faster sales growth to foreign buyers than to U.S. domestic buyers. A greater interaction with foreign economies, in turn, will mean increased demand for U.S. real estate by foreigners. Imports have been rising at 9 percent a […]

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September 16, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Incoming fresh economic data point to continued GDP expansion at a near 3 percent growth rate and about 2.5 million net new jobs over the next 12 months. Inflation remains tame – so far. But upward pressure will build with rent growth pushing up the overall CPI. The Fed will have no choice but to […]

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August 28, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The economy popped out nicely in the second quarter.  The measurement of everything Americans produced increased by 4.2 percent.  Such a growth rate, if it can be sustained, means measurably higher future income and about 3 million net new jobs a year. Looking at the subcomponents, consumer spending rose by 2.5 percent, while business spending […]

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July 30, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

There was a sharp bounce back in GDP in the second quarter, with a 4 percent growth rate. This assures that a recession is not in the cards and that job gains will continue. Gross Domestic Product, or GDP, tries to measure the monetary value of all things produced in the U.S. It also indirectly […]

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June 27, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The economy shrank big time in the first quarter.  However, there were many transitory temporary factors that passed through, which will begin to reverse in the upcoming quarters.  No recession is on the horizon.  The economic expansion, however, will not be remarkable.  Still, enough of economic juice and lagged impact on jobs assure that 2 […]

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February 28, 2014 Posted by: Lawrence Yun, Chief Economist

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the GDP. The broadest measurement of national economic health showed a slight improvement.  The GDP advanced 2.4 percent in the fourth quarter of last year.  Both consumers and businesses […]

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September 4, 2013 Posted by: scott

After gross domestic product revisions, business spending shows growing confidence in the first half of the year. The first quarter spending was down 4.6 percent, with a decline driven by a 25.7 percent drop in spending on commercial structures. However, the second quarter posted a much better performance, with an annual growth rate of 4.6 […]

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August 29, 2013 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses GDP. The economy continues to expand, albeit at a slow rate.  The second quarter GDP – the value of everything America produced – increased 2.5 percent.  That growth is […]

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July 31, 2013 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses mortgage applications and GDP. The number of people applying for mortgages to buy a home fell for the second straight week, though it still remains 5% higher than one […]

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