Beyond that, Thomas's 13.9% rebound rate is fourth-best on the team, behind Camby, Chandler and Wallace.
The home price, home start segment must rebound to get our rate of growth moving ahead again.
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In order for the housing market to rebound, the unemployment rate must be substantially lower than it is today.
So if prices rebound, the homeownership rate, which peaked at 69% in the third quarter of 2006, will likely keep falling.
When I predict Nasdaq will touch 3000 later this year, it's just another way of saying GDP growth rate will rebound to 3% by the fourth quarter.
Does this data point to an interest rate spike later this year that may spoil the global rebound in equities?
Economists forecast that the economy grew at a 3 percent annual rate in the January-March quarter, a healthy rebound from a scant 0.4 percent increase in the fourth quarter.
While the stock could continue its roller coaster ride given the concerns of iPhone supply, gross margins and tax gain selling to capture a lower capital gain tax rate before year end I believe that the shares will rebound when investors focus on holiday sales.
In all probability, he'll parrot much of what he has said in the three appearances he's made on the Hill since September: The economy is growing more slowly than usual, it will rebound later this year, recession isn't likely, more rate cuts are possible, inflation remains a concern, etc.
But it will certainly moderate an interest rate spike in the short-term, helping equity markets continue their rebound.
Perhaps not surprisingly, every ten-year period ending in 1941 through 1951 had an average growth rate of 5% or more, thanks to World War II and the rebound from the Great Depression.
The growth rate was the second strongest year on record, after a big slump and bigger rebound in 2008 and 2009.
Contrast that with the Bank's forecasts, which show a much sharper drop in the growth rate in 1998 as the strength of the pound finally hits exports, before a rebound in 1999.
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