Housing Outlook Remains Weak While Labor Market Stays Strong

Overall, despite weakness in housing, the economy continues to be supported by a tight labor market, rising incomes, solid balance sheets, and reasonably high levels of consumer confidence. The main risks on the horizon are fallout from escalating trade wars and uncertainty about global economic conditions.

 · Based on the hard data reports last Thursday, it looks like the manufacturing sector is heading into a recession, while the consumer is doing well. In.

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economic outlook remains strong. The robust job market should continue to support growth in household incomes and consumer spending, solid economic growth among our trading partners should lead to further gains in U.S. exports, and upbeat business sentiment and strong sales growth will likely continue to boost business investment.

Housing market predictions 2019: Analysts see a tough housing market for buyers and sellers. Should you buy or sell a home in 2019? Which housing stocks are likely winners?

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As long as employment holds up and housing remains strong, consumer travel spending should be robust. And the tax cut, while modest for most consumers, will likely continue to bolster confidence. More importantly, the tax bill’s fiscal stimulus may tighten the job market even further. If wages begin to rise, travel spending is likely to

We encourage readers to follow our seeking alpha page (click "Follow" at the top) to continue to stay up to date. overweight local market conditions and anecdotal evidence of particularly weak or.

The main domestic uncertainty continues to be the outlook for consumption, although a pick-up in growth in household disposable income is expected to support spending. Employment growth has continued.

We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and.

What's happening in the housing market here at home, lower oil. 2014 had an impact that rippled across Canada and is still being felt. to stay in their jobs regardless of wages or other labour conditions.. As you know from our latest outlook published a couple of weeks ago, the recent weakness in oil.