By Jann Swanson
Posted To: MND NewsWire
The percentage of consumers believing the economy is on the right track finally crossed paths with those who say the economy is on the wrong track in the February edition of Fannie Mae’s National Housing Survey. The share of respondents who believe the economy is headed in the right direction increased 3 percentage points to a survey high of 47 percent while the share who believe it is headed in the wrong direction decreased 4 points to 45 percent, an all-time survey low. Doug Duncan, senior vice president and chief economist at Fannie Mae said, “Continuing improvements in consumer attitudes in this month’s National Housing Survey lend support to our expectation that 2015 will be a year of the economy dragging housing upward,” said. “The share of consumers who think the economy is on the right…(read more)
Via:: Fannie Housing Survey Logs Major Milestone
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