Summary
This document is an economic forecast report for June 2025. It presents various economic indicators, including Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE), Residential Fixed Investment, Business Fixed Investment, Government Consumption and Investment, Net Exports, and changes in Business Inventories. The report provides quarterly and annual percent changes for these indicators, along with the Consumer Price Index and employment statistics. It outlines the projected trends in unemployment rates, federal funds rates, and the 10-year Treasury note yield. The data is sourced from the Bureau of Economic Analysis, Bureau of Labor Statistics, and the Federal Reserve Board. Additionally, it notes that the forecasts are based on certain assumptions and are subject to change. The report emphasizes that the opinions and analyses presented are those of Fannie Mae's Economic and Strategic Research Group as of the indicated date.
