| Jul 25, 2011 2:21PM Fannie Mae's Economic and Mortgage Market Analysis for July describes second quarter economic data received so far as "discouraging," and forecasts growth will likely end up at about the same anemic pace as in the first quarter, an annualized rate of 1.9 percent. While the main culprits responsible for the restrained growth are higher gasoline prices and the supply chain disruptions growing out of the cascading disasters following the Japan earthquake, the tepid housing recovery is another reason... Jul 25, 2011 8:30AM The debt ceiling debate is expected to be the primary mover of money in the week ahead. There will however be plenty of economic data to digest along the way. We'll hear how the weak June jobs report impacted Consumer Confidence. We'll get an update on home prices and sales. The Federal Reserve's Beige Book will provide an anecdotal summary of economic conditions across the country. Last but not least, a sneak peek at 2nd Quarter GDP numbers will print on Friday morning. And if that wasn't enough...
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