Freddie Mac’s Economic and Housing Research Group finds
a lot to like in the present economic environment. . The company’s quarterly
forecast credits the increasing availability of COVID-19 vaccines and the
easing of virus related restrictions, the passage of the American Rescue plan
and its cash stimulus for households, as setting the stage for economic growth
and sending consumer confidence to a post pandemic high in March. The labor
market, while still needing to add 8.4 million jobs, put 916,000 on the books last
month, the greatest gain since August.

 

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