12/26/2019 08:01 pm
WASHINGTON—Strength in labor markets and consumer spending, both of which are expected to lead to further improvement in business fixed investment, contributed to upward revisions of fourth quarter 2019 and full-year 2020 real GDP growth forecasts, according to the latest commentary from the Fannie Mae (FNMA/OTCQB) Economic and Strategic Research (ESR) Group.