Sentences with phrase «boosted by economic growth»

Boosted by economic growth in Asia and a resurgent petrochemicals industry in the United States, global oil demand will increase by 6.9 mb / d by 2023 to 104.7 mb / d, according to the IEA.

Not exact matches

Indeed, the evidence I reviewed does not support the view — expounded by the new Bank of Japan management — that by buying more longer - dated securities (i.e., running printing presses a bit faster) will boost upward pressures in labor and product markets to bring stronger economic growth and an inflation rate of 2 percent.

Economists at Macroeconomic Advisers boosted their forecast for fourth - quarter economic growth by three - tenths of a percentage point to an annualized rate of 2.4 percent, on the «unexpected strength» in consumer spending.

President Donald Trump's Council of Economic Advisors said the bill could boost economic growth by 3 % to 5 % a year, while supporters said the boost would be aroEconomic Advisors said the bill could boost economic growth by 3 % to 5 % a year, while supporters said the boost would be aroeconomic growth by 3 % to 5 % a year, while supporters said the boost would be around 4 %.

The discovery of high - quality surf breaks by the surfing community boosts economic growth in nearby areas, according to a study of 5000 surf breaks round the world by the University of Sydney.

However, in the years since the global financial crisis the idea gained prominence, and several central banks decided to take the plunge after 2014 in an attempt to boost weak economic growth by creating inflation.

«Starts are being boosted by a relatively firm economic backdrop, healthy population growth and past gains in pre-construction sales in Toronto,» Sondhi wrote in a report.

The plan contains up to $ 6 trillion in tax cuts, according to independent analysts, which Trump and top Republicans say they would offset by eliminating loopholes, deductions and tax breaks and boosting annual economic growth.

In the budget there are bold vows — oddly reminiscent of China's annual edicts for economic growth rates — about boosting exports by 30 % in the next eight years (even though exports have climbed just 2.9 % from eight year ago).

An Organization for Economic Cooperation and Development report a few years ago concluded that «a key cause of the underlying fall in manufacturing employment everywhere is rapid productivity growth, whether by restructuring inefficient plants or deploying skills, knowledge, technology and new processes to boost efficiency.»

With long - term growth and sustainability in mind, China is now making a critical shift from an investment - driven model to an economic structure boosted by consumer spending.

Some economists have raised concerns that recent moves by the Trump administration and Congress to boost economic growth through $ 1.5 trillion in tax cuts and increased government spending could cause the Fed to worry about overheating and inflation.

Treasury Secretary Steve Mnuchin, a 17 - year veteran of Goldman Sachs and a foreclosure king during the financial crisis who had his own issues at his Senate Confirmation hearing, has promised that the sweeping tax cuts would pay for themselves by boosting economic growth.

As with forward guidance, this can enhance the impact of lower policy rates by spreading the effect to a wider range of borrowers, thereby boosting economic growth.

Many economists think a Powell - led Fed may step up the pace of rate hikes if economic growth accelerates this year, boosted by the new $ 1.5 trillion tax cut package.

The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.

Crude oil prices edged up on Friday boosted by stronger than expected U.S. economic data though the longer - term outlook for energy markets remains weak due to a global oil supply glut and uncertainty over economic growth prospects in Asia.

Malaysia By Thomas Clouse Najib Abdul Razak aims to boost Malaysia's growth Malaysian prime minister Najib Abdul Razak has unveiled a new economic blueprint as part of his long - term strategy to transform Malaysia from a middle - income to a...

When more money is printed, gold has traditionally been a beneficiary, for two key reasons: 1) If the money - printing is accompanied by economic growth, greater access to capital might boost demand for luxury items, including gold (the Love Trade); and 2) If the money - printing isn't accompanied by economic growth, inflationary pressures might prompt investors to increase their exposure to real assets, such as gold (the Fear Trade).

This constitutes a major challenge for the EU, but has the potential to set off a new phase of prosperity in Europe, boosted by larger market efficiencies, higher economic and political stability and stronger economic growth.

A report by former Tory cabinet minister Lord Heseltine aimed at boosting economic growth in the regions has come under attack from business groups.

He said: «Already, in little over 160 days, we have delivered major policies such as restoring free education by abolishing the graduate endowment, scrapping tolls on the Forth and Tay bridges, saving vital A&E units, and establishing the Council of Economic Advisers to help boost growth in Scotland.

The 2 per cent boost to economic growth created by leaving the EU and slashing its excessive red tape would also increase tax revenue by # 10.73 billion.

«New York City's finances have been boosted by strong economic growth and conservative tax revenue forecasts in recent years,» DiNapoli said.

Anugbum said the land, which had been acquired by the state government, was an extension of the Trans - Amadi Industrial Layout, adding that government's action was aimed at boosting the economic growth of the state.

«By expanding driver's licenses to all, the state will be enhancing public safety, providing a strong avenue to inclusion for hundreds of thousands of New Yorkers, and boosting economic growth, an overall win for all.»

The amendment to the state constitution, approved 57 percent to 43 percent Tuesday, was proposed by Gov. Andrew Cuomo and his administration as a way to boost economic and job growth.

Many analysts estimate the bill will add at least $ 1 trillion to the national debt — now about $ 20 trillion — over the next decade (although some Republicans argue that the cuts will pay for themselves by boosting economic growth).

To wit, improvements in the schools would have boosted U.S. economic growth, and the annual windfall by 2002 would have exceeded total K - 12 spending for that year.

Investor sentiment was boosted by the improving outlook for economic growth both in the United States and overseas.

In February, the G20 called for a coordinated stimulus program to be implemented by the world's major economies — or at least the ones that can afford it — that would see countries borrow to spend on infrastructure like subway lines and power - generating stations, assets that will provide a short - term economic boost while laying the foundation for longer - term growth.

The KeyBank Business Boost & Build Program, powered by JumpStart, is celebrating National Small Business Week by awarding $ 100,000 to Excelsior Growth Fund (EGF) and Westminster Economic Development Initiative (WEDI).

That's why central banks like the Fed act to smooth out these economic cycles by lowering interest rates when times are tough (boosting investment through cheap credit) and raising them when growth picks up again (curbing excessive optimism by making credit more expensive).

According to an economic study by the Center for Climate Strategies, this policy would raise incomes for the majority of D.C. residents and result in stable economic growth with a steady boost in jobs.

If increased energy can be is secured, will it boost human prosperity by helping fuel economic growth, or will it simply accelerate the destruction of the planet?

When the US economy needed a boost after the 2008 global recession, the shale revolution delivered by providing job growth and economic stimulus.

By building resilience and ensuring that all development is risk - informed, countries and communities can protect against losses and simultaneously boost economic growth, create jobs and livelihoods, strengthen access to health and education, and ensure that no one is left behind.

Growing — Dubai's total international trade has grown on average by over 11 % per year since 1988 and regional economic growth and liberalisation should boost demand further;

UTRUST said in September that blockchains could boost economic growth in emerging markets by U.S. 3.7 trillion worldwide and help the 2.5 billion unbanked people worldwide.

Strong economic growth, led by developed markets in Europe and the US, has boosted employment and wage growth to new heights.

Though economic boosts this week were brought on by strong corporate earnings reports, continued job growth in the high tech sector has been the main catalyst to the resurgence of the U.S. office sector...

Boosted by steady economic growth, low unemployment, and strong affordability conditions, December sales of existing single - family homes hit a record - high seasonally adjusted annual rate of 5.03 million units, 3.1 percent higher than the revised November figure of 4.88 million units.

If residential investment — which encompasses all direct spending on residential real estate construction and activity — returns to its 1997 level over the next two years, then housing will boost overall economic growth by 0.5 percentage points in 2013 and 2014,» Stiff continues.

Colin Yasukochi, director of research and analysis with CBRE, says further expected economic growth will boost office space demand during the next three years, with national vacancy expected to hit 12.2 percent by 2018.