The report predicts that the broader economy will grow stronger in 2014, with real
GDP growth accelerating to 2.7 percent.
Not exact matches
«I am willing to bet $ 10,000 on each of the three points above with both Messrs. Krugman and Summers that if the Framework is passed,
GDP growth will
accelerate, real wages will rise, and income inequality will fall.
The Bank for International Settlements singled out Canada for its
accelerated growth in credit relative to
GDP and for its susceptibility to a sharp rise in debt - service costs.
Following a 7.9 % jump in
GDP in 2016, India's economy will likely
accelerate going into the second half of this year and begin firing on cylinders in 2018, fueled by
growth in consumption, public capital expenditures and external demand.
If
GDP growth had not been artificially boosted by credit expansion, then it is hard to understand why Beijing has been trying urgently to get credit
growth under control for over five years but has not even been able to prevent it from
accelerating.
That factor, along with above - trend
GDP growth, could fuel an increase in total employee compensation by slightly more than 2 % in 2017 and 2018 — in line with nominal
GDP growth — while
growth in average hourly earnings could
accelerate to around 3 % in 2018, according to Morgan Stanley Chief Japan Economist Takeshi Yamaguchi, in a recent report.
Despite weaker
GDP growth in Q1, the year - over-year change continued to
accelerate, albeit modestly.
I based my
growth expectations on what I think were conservative estimates of consumption
growth and the
growth in productive investment (with which the reported data is currently consistent, although do not prove my assumptions one way or the other), but I always pointed out that as long as credit
growth accelerated, the
growth in non-productive investment would remain high, in which case reported
GDP would also remain high for much longer.
Those data are namely 1) the recent rally in stocks, 2) the recent improvement in the ISM (formerly NAPM) surveys, and 3) the substantial string of Fed easings «in the pipeline», which have
accelerated growth in broad money such as M2, and 4) the likelihood that inventories will stabilize, taking away the biggest negative factor currently pressuring
GDP lower.
Corporate profit
growth has
accelerated, supported by stronger nominal
GDP growth (domestic demand pick - up) and receding headwinds from the EM adjustment and commodity price shock of 2014 - 16.
In his article «The Age of Secular Stagnation,» Larry Summers argued that excess of saving over investment is acting as a drag on demand to weigh on
growth and inflation, and current monetary stimulus should be expanded to
accelerate investments and pull demand forward, such as raising the inflation target or to conduct nominal
GDP targeting.
World
GDP growth is therefore expected to
accelerate from 3.9 per cent in 2003 to 4.6 per cent in 2004, which would be among the fastest rates of
growth experienced in the past 30 years.
And in a world of anaemic
GDP growth & stagnant consumer incomes, stocks which offer the promise of predictable and / or
accelerated growth can be priced even more stratospherically.
And
GDP growth may prove irrelevant — since positive /
accelerating growth is likely to underpin / encourage market sentiment & valuations, whereas weak / negative
growth will simply elicit fresh expectations of central bank stimulus.
In the ISM June report, the ISM Manufacturing Index and the Non-Manufacturing ISM Index both
accelerated to levels historically associated with higher real
GDP growth going forward.
Despite the slowdown,
GDP growth over all of 2017
accelerated to 2.3 percent, faster than the 1.5 percent rate of
growth in 2016.
Will
GDP growth in 2018: Q4 compared to a year earlier (a) slow to less than 2.2 percent (I estimate a 10 percent probability of scenario (a) occurring); (b) stay between 2.2 percent and 2.5 percent (60 percent probability); (c)
accelerate above 2.5 percent (30 percent probability)?