According to the Bureau of Economic Analysis, U.S. GDP growth for Q1 2024 was revised down from 1.6% to 1.3%. The change was driven by a revision to consumer spending growth (from 2.5% to 2.0%). This illustrates the effects of higher interest rates, waning consumer savings, and slower income growth.
U.S. GDP Growth Slows in Q1 2024
Published on May 31, 2024
Recent News
FHFA HPI May Results Released
August 1, 2025
Housing Bills Pass SBC
August 1, 2025
Investors Remain Active in the Single-Family Housing Market
August 1, 2025
Canadian Securitization Market Remains Strong
August 1, 2025