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Maryland, not a poor state, has seen unemployment rate rise. Hang your head, Free State – Maryland’s leading index fell 0.66%, according to data from the Philadelphia Fed. The national average was for a gain of 1.51%, with Utah rising an impressive 4.36% and New Mexico, Oklahoma and Wyoming each growing above 3%.
There are two 2X-leveraged mREIT-based ETNs from UBS Group AG (UBS). They are: UBS ETRACS Monthly Pay 2X Leveraged Mortgage REIT ETN (MORL) and a twin which is essentially identical in all economic.
The state and asset size of the respondent’s credit union follow the responses. These replies, excerpted and edited for readability, are representative of the larger survey. To read all the comments from the survey, download the 2018 economic outlook pdf.
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In July, the U.S. will have set a record for the longest uninterrupted economic expansion in its history, shattering the 10-year record set in 2001, said Tim Quinlan, senior economist with wells fargo securities, who was the keynote speaker at the Dec. 7 outlook conference sponsored by the Spartanburg Area Chamber of Commerce.
Add the state of the economy to the long list of topics Americans can’t seem to agree on. Inflation and unemployment are historically low, and the labor market overall remains strong.
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Recent data provided by Freddie Mac’s Economic and Housing Research Group for 2018 presents a favorable economic environment for housing and mortgage markets pushed along by solid job gains, low mortgage interest rates, and moderate growth for the economy. For the mortgage industry, the research points to three trends for 2018: an increase in purchase business, a slight decrease in refinance transaction, but more consumers tapping into equity as well.
Utah again earns the top spot for states with the best economic outlook, followed by Idaho, Indiana, North Dakota and Arizona. Several states’ success in increased rankings can be tied directly to the success of federal tax reform and the resources it gave to lawmakers to cut taxes at the state level.
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
