Consumer spending remained high while the broader economy slowed, growing just 1.1 percent in the first 3 months of 2023, according to data released Thursday by U.S. Bureau of Economic Analysis.
Source: Inman News
Housing drags down US economy for second-straight quarter in Q1
Published in affluent consumers, Agent, Brokerage, consumer spending, gross domestic product, Markets & Economy, u.s bureau of economic analysis and u.s. gdp
More from affluent consumersMore posts in affluent consumers »
More from AgentMore posts in Agent »
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Crack the code on social media: Now Streaming
- NAR scores a victory in buyer commission lawsuit
- FICO scores, magic phrases, earnings digs: Inman Top 5
More from BrokerageMore posts in Brokerage »
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- All about the Benjamins: 5 things to know before throwing money at real estate problems
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
More from consumer spendingMore posts in consumer spending »
More from gross domestic productMore posts in gross domestic product »
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Government shutdown could bring mortgage rates down
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- Fannie Mae dials back sales expectations by 220K homes
- In split vote, Fed policymakers snub Trump, leave rates unchanged
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
- What’s driving multifamily’s market resurgence?
More from u.s bureau of economic analysisMore posts in u.s bureau of economic analysis »
Be First to Comment