Fading Tailwinds Will Limit U.S. Economic Growth in 2019, Says MBA’s Chief Economist
RE Busines Online, Feb. 11, 2019–Matt Valley
Despite a strong U.S. job market, GDP growth will slow now that the tailwind from the Tax Cuts and Jobs Act has largely dissipated, predicts Michael Fratantoni, chief economist with the Mortgage Bankers Association.
