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Consumer Spending Expected to Bolster Economic Growth for Second Half of 2016

August 18, 2016 3:43 pm

Economic growth is expected to rebound in the second half of 2016 after a disappointing second quarter, keeping the full-year growth outlook at 1.8 percent, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group’s August 2016 Economic and Housing Outlook. However, continued momentum in consumer spending in the third quarter is crucial for driving growth […]
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