With that disclosure, the data is fresh, and the video was part of that same report.
Even left-of-center CNBC is acknowledging that the Atlanta Federal Reserve’s forecast of a robust 5.4 percent Gross Domestic Product (GDP) for the first quarter of 2018 could be the best since the Great Recession.
All of that could be good for more housing – including manufactured housing – sales growth.
“Now is the Time for All Good People to Come to the Aid of their Country”
Per CNBC, and Fox Business
- The Atlanta Fed updated its rolling look at the U.S. economy, projecting that GDP would grow 5.4 percent in the first quarter.
- If the forecast holds, it would be the strongest quarter since the economic recovery began and would more than double the typical annualized growth during the period.
- Right-of-center Fox Business is pointing to a report that they themselves say is dubious, but that projects that unemployment could go as low as 3.5 percent by year end.
- If so, that is part of a recipe for more worker wage growth. MH sellers, read more home buyers.
- Tax cuts, plus regulatory reforms, plus rising wages, falling unemployment, increasing 401Ks and home values…
- …plus what a new survey suggests is a jump ball for the 2018 midterms, and given a big financial and ‘infrastructure’ edge to the GOP, could spell a good year for the White House, already riding high after a popular-wth-viewers State of the Union.
SOTU, Manufactured Housing Business, Regulations, Investments, Americans, and You
Outlook for business?
Continued optimism. Stay tuned. ## (News, analysis, and commentary.)
Sign Up Today! Click here to sign up in 5 seconds for our factory-built home industry-leading and growing emailed headline news updates. You’ll see in the first issue or two why big, medium and ‘mom-and-pop’ professionals are reading them by the thousands. These are typically delivered twice weekly to your in box.
Follow us on Twitter:
ManufacturedHomes
@mhmsmcom
(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.