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Tag Archives: GDP

Looser Zoning Regulations Crucial to Economic Growth

According to new analysis, loosening zoning regulations in the nation's most productive cities could help spur economic growth. These regulations are keeping developers from building new housing opportunities. Ultimately, this restricts Americans to more affordable, smaller cities where they're less productive.

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GDP Growth Below Wall Street Estimates

The Bureau of Economic Analysis Q1 GDP growth estimate was below the Wall Street estimate for the quarter, but in the opinion of Brett F Ewing and S. Lance Mitchell, Chief Market Strategist and Research Director (respectively) for First Franklin Financial Services, it is an “inflection point” for the economy in the midst of a tight labor market. Experts said that the slower growth was an "inevitable reversal" following the high growth of Q4 2016.

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Homeownership Rates Linked to Decrease in GDP

Recent study shows that decrease in homeownership is most severe among 25 to 29-year-old age groups, African Americans, and one-person households. Reasons cited include tightening credit requirements, rising student debt, and lack of ability to save for down payment. Experts say that dip in homeownership has contributed to dip in national GDP.

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GDP Adds Fuel to the Fed’s Fire

The Bureau of Economic Analysis reported an upward revision to the first quarter gross domestic product, which some industry experts believe will not only signal better growth in the second quarter, but also motivate the Fed to raise rates.

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