Per a Bureau of Economic Analysis release July 30, real gross domestic product increased at an annual rate of 1.5% in Q2 2026, according to the advance estimate.
Tag: Mike Fratantoni
FOMC Holds Interest Rates Steady; MBA’s Economist Weighs In
The Federal Open Markets Committee July 29 kept interest rates steady, holding the target range for federal funds rate at 3.5-3.75%.
FOMC Holds Interest Rates Steady; MBA’s Economist Weighs In
The Federal Open Markets Committee July 29 kept interest rates steady, holding the target range for federal funds rate at 3.5-3.75%.
Job Growth Slows; MBA’s Fratantoni Weighs In
The Bureau of Labor Statistics’ employment report for June showed a slowdown in job growth, with a gain of just 57,000 and a downward revision to the prior two months of 74,000 jobs.
Chart of the Week: Inflation and Hourly Earnings
The annual rate of inflation, as measured by the Consumer Price Index (CPI), exceeded wage growth, defined as the year-over-year change in average hourly earnings, in April and May 2026. The last time this happened was during the COVID-19 pandemic period of 2021 to 2023, when demand and supply imbalances pushed inflation as high as 9%.
New MBA White Paper Examines How Demographic Trends Will Affect Housing Demand
For more than a decade, policymakers, researchers, and industry stakeholders have focused on addressing a persistent shortage of housing in the United States. However, changing demographic and market conditions suggest that the housing landscape may look markedly different in the years ahead. This is according to a new white paper released by the Mortgage Bankers Association (MBA) examining recent and emerging shifts in U.S. housing demand and supply.
Federal Reserve Leaves Rates Unchanged; Industry Economists Weigh In
The Federal Reserve June 17 held interest rates steady, maintaining the federal funds rate in its current range of 3.5%-3.75%.
Jobs Increase 172,000 in May; Industry Economists Share Takes
The Bureau of Labor Statistics released jobs data for May, showing that total nonfarm payroll employment increased by 172,000. The unemployment rate was flat at 4.3%.
115,000 Jobs Added in April; Industry Economists Share Thoughts
The Bureau of Labor Statistics May 8 released employment data for April, reporting 115,000 jobs were added and the unemployment rate was unchanged at 4.3%.
MBA Economist Weighs In on Q1 GDP Figures
The Bureau of Economic Analysis April 30 released Q1 gross domestic product advance estimate data, finding that it increased at an annual rate of 2%.