outlook

IMF hikes outlook for global growth for 2017 to 3.7 percent

WASHINGTON/January 22, 2018(AP)(STL.News)— The International Monetary Fund is upgrading the outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S. tax cuts will give the American economy a short-term boost. The IMF on Monday forecast global growth of 3.7 percent for 2017, which would be the most substantial … Continue reading IMF hikes outlook for global growth for 2017 to 3.7 percent

US homebuilder sentiment slips; outlook remains positive

/January 17, 2018(AP)(STL.News) U.S. homebuilders are feeling slightly less optimistic about their sales prospects, even as their overall outlook remains favorable ahead of the spring homebuying season. The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday slipped this month to 72. That’s down two points from December’s reading, which marked an 18-year … Continue reading US homebuilder sentiment slips; outlook remains positive