Solar Ground Mounting System Supplier

suitable for the installation of the large-scale of business and multipurpose. It is highly recommended when the layout is arranged as landscape in 3 rows or 2 columns.
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Ronnie coleman

Tel: Mob + (86) 18396211572

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Web  :  http://www.wanhos.com

No. 617,Surabaya Road,Huli District, Xiamen, Fujian, China

 

The ecnomoist

 

US at risk of recession in the next year?

Diversified Private Wealth Advisors' Dominick Tavella on the Federal Reserve and the outlook for the markets and U.S. economy.

 
 

The U.S. economy Opens a New Window. is in the throes of the longest expansion on record, but not everyone is optimistic it will continue too much longer.

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According to experts surveyed by online real estate site Zillow, half of real estate experts and economists expected a recession Opens a New Window. would occur in 2020.

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The highest proportion of respondents thought the slowdown was likely to hit in the third quarter of 2020.

 

Respondents thought trade policy was most likely to end the economic expansion, followed by a geopolitical crisis or a stock market correction.

Not too many people thought weakness in the housing market would trigger the next recession, but they did expect demand in the housing market would be negatively affected.

 

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More than half of experts surveyed thought home buying demand in 2020 would be somewhat or significantly lower than this year.

On Thursday, Freddie Mac reported that mortgage rates hit a nearly three-year low, as the 30-year fixed rate dropped to 3.75 percent.

However, despite low rates and a strong U.S. economy, buyers have been relatively reluctant to get in on the housing market.

U.S. home sales picked up slightly in June, according to data from the Commerce Department, to a seasonally adjusted rate of 646,000.

CLICK HERE TO GET THE FOX BUSINESS APP Opens a New Window.

June’s increase comes on the heels of two months of declines. Sales in May and April were also revised down on Wednesday.

The median price of a home was about $310,400 – which is about the same as last year.

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