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Real Estate/Development

Nov. 11, 2003

U.S. Economy Ready to Take Off

BY JULIE NAKASHIMA CREJ Staff Writer Declaring that the recovery is under way, the Mortgage Bankers Association predicted strong economic growth over the next couple of years, marked by a sharp pickup in gross domestic product, significant employment gains and only modest increases in interest rates.

BY JULIE NAKASHIMA
CREJ Staff Writer

        Declaring that the recovery is under way, the Mortgage Bankers Association predicted strong economic growth over the next couple of years, marked by a sharp pickup in gross domestic product, significant employment gains and only modest increases in interest rates.

        A long-term forecast presented by Douglas G. Duncan...

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