Economy expected to Reaceleate in the 2nd Half

From DS News

 

Fannie Mae: Economy Will 'Reaccelerate' in 2nd Half of 2013

Fiscal drags such as the sequester may have weakened economic momentum, but the economy should "reaccelerate" in the second half of this year as financial and housing conditions improve, according to Fannie Mae's Economic and Strategic Research Group. "Employment numbers are getting better, albeit it at a relatively slow pace, and the April employment picture should help boost consumer sentiment toward the economy overall," said Doug Duncan, chief economist for Fannie Mae. » Read More

 

- Sunil Sethi

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