Tuesday Feb 27, 2024
Economists Increase the U.S. Economic GDP Outlook for 2024
The National Association for Business Economics predicts the U.S. gross domestic product (GDP) will rise 2.2% in 2024, a much more bullish forecast compared to what they thought 2 months ago. Why is the economy strengthening and what does it mean going forward for the housing market and interest rates including the 30 year-fixed mortgage rate?
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