Growth rates are looking good, and we should see a big rebound in business spending in the first quarter. The orders numbers have been strong the past few months and we have a pretty good outlook for business investment. |
Mortgage rates have tipped higher but remain quite low. |
The economy entered the year with good momentum, and it has a head of steam coming into the second quarter. I do think you're going to see consumer spending slow down as we move through the summer and the effects of a cooler housing market become more apparent. |