Real gross domestic product increased at an annual rate of 4.3% in the third quarter, the U.S. Commerce Department’s Bureau of Economic Analysis reported Tuesday.
Tag: Mike Fratantoni
Unemployment Rate Rises; Industry Economists Weigh in on Latest Jobs Data
The delayed report released Dec. 16 by the Bureau of Labor Statistics showed 64,000 jobs were added in November, with the unemployment rate up slightly to 4.6%.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee cut the federal funds rate target by 25 basis points on Dec. 10.
Delayed September Jobs Report Shows 119,000 Gained; Industry Economists Weigh In
The Bureau of Labor Statistics Nov. 20 released jobs data for September, delayed because of a lapse in federal appropriations during the government shutdown. The report found total nonfarm payroll employment grew by 119,000 in the month.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Oct. 29.
MBA Forecast: Total Single-Family Mortgage Originations to Increase 8% to $2.2 Trillion in 2026
The Mortgage Bankers Association announced at its 2025 Annual Convention and Expo that total single-family mortgage origination volume is expected to increase to $2.2 trillion in 2026 from $2.0 trillion expected in 2025.
MBA Forecast: Total Single-Family Mortgage Originations to Increase 8% to $2.2 Trillion in 2026
The Mortgage Bankers Association announced at its 2025 Annual Convention and Expo that total single-family mortgage origination volume is expected to increase to $2.2 trillion in 2026 from $2.0 trillion expected in 2025.
Chart of the Week: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, the Federal Open Market Committee submit their projections for various economic measures. This month’s projections, shown in the Summary of Economic Projections, include 2028 for the first time.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Sept. 17.
Jobs Up by 22,000 in August, Unemployment at 4.3%, BLS Reports
The Bureau of Labor Statistics released August jobs data Friday morning, finding that total nonfarm payroll employment ticked up by 22,000, and the unemployment rate is little changed at 4.3%.