Posted To: MBS Commentary
(NOTE: removals are struck-through and additions are underlined) Information received since the Federal Open Market Committee met in OctoberDecember suggests that labor market conditions improved further even as economic activity has been expanding at a moderate pace.growth slowed late last year. Household spending and business fixed investment have been increasing at solidmoderate rates in recent months, and the housing sector has improved further; however, net exports have been soft.soft and inventory investment slowed. A range of recent labor market indicators, including ongoingstrong job gains and declining unemployment, shows further improvement and confirms thatgains, points to some additional decline in underutilization of labor resources has diminished appreciably since early this year...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1VseQKo
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