{"id":5124,"date":"2013-07-19T13:16:59","date_gmt":"2013-07-19T13:16:59","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=5124"},"modified":"2013-07-19T13:16:59","modified_gmt":"2013-07-19T13:16:59","slug":"housing-helping-economic-growth","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/housing-helping-economic-growth\/","title":{"rendered":"Housing Helping Economic Growth."},"content":{"rendered":"

Housing Helping Economic Growth.<\/h2>\n
\"Housing<\/a>

Housing Helping Economic Growth. Image courtesy of jscreationzs \/ FreeDigitalPhotos.net<\/p><\/div>\n

The recovering housing market is partially responsible for spurring economic growth, according to a recent Federal Reserve report. Eleven of the 12 districts included in the Fed survey say they are experiencing \u201cmodest to moderate\u201d economic growth, while the 12th district, Dallas, reports \u201cstrong\u201d growth.<\/p>\n

\u201cResidential real estate and construction activity increased at a moderate to strong pace in all reporting districts,\u201d the Fed said in its Beige Book, which is based on anecdotal reports from 12 regional banks. \u201cManufacturing expanded in most districts since the previous report.\u201d<\/p>\n

Housing construction and home prices have shown improvement in the past year, the Fed notes. Consumer spending also has increased, and hiring is holding steady in most areas. The housing recovery has also led to a rise in the production of lumber, materials, and construction equipment, the Fed notes.<\/p>\n

“Housing activity and prices seem likely to continue to recover, notwithstanding the recent increases in mortgage rates, but it will be important to monitor developments in this sector carefully,” said Fed Chairman Ben Bernanke in testimony Wednesday before lawmakers. The Fed has made moves in recent years through a bond purchases program that has helped to keep mortgage rates near historical lows. Rates have been rising in recent weeks as the Fed announced that it would be scaling back its program later this year.<\/p>\n

Source: \u201cFed Survey Shows Growth Mostly Modest Across U.S.<\/a>,\u201d The Associated Press (July 17, 2013)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Housing Helping Economic Growth. The recovering housing market is partially responsible for spurring economic growth, according to a recent Federal Reserve report. Eleven of the 12 districts included in the Fed survey say they are experiencing \u201cmodest to moderate\u201d economic growth, while the 12th district, Dallas, reports \u201cstrong\u201d growth. \u201cResidential real estate and construction activity … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-5124","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nHousing Helping Economic Growth. - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/housing-helping-economic-growth\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Housing Helping Economic Growth.\",\"datePublished\":\"2013-07-19T13:16:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/\"},\"wordCount\":258,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/ID-10022371.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/\",\"name\":\"Housing Helping Economic Growth. - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/ID-10022371.jpg\",\"datePublished\":\"2013-07-19T13:16:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-helping-economic-growth\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/ID-10022371.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/07\\\/ID-10022371.jpg\",\"width\":400,\"height\":300,\"caption\":\"Housing Helping Economic Growth. 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