Sentences with phrase «upward revisions reflect»
The upward revision reflects not only the continuation of robust growth in the US, but also stronger than expected recoveries in Japan and Asia more generally.
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Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.
Global bond yields remain relatively low, reflecting expectations that global interest rates are still likely to remain low for some time, notwithstanding upward revisions to those expectations in the past couple of months.
This upward revision to revenue was slightly offset by an increase in expected expenditure, reflecting new policy measures announced since the Budget.
This largely reflects a substantial upward revision to expected taxation revenue from individuals and companies, consistent with continued strength in employment and profits in early 2004/05.
- The IMF said, «The upward revision of 0.5 percentage point in 2018 and 0.1 percentage point in 2019 relative to the October WEO reflects more favorable external demand prospects, rising private investment, and the supplementary budget for 2018.»
This pattern of a stronger - than - expected contribution from US consumers was reflected in July's retail sales report, which not only came in well ahead of consensus expectations, but also included significant upward revisions to the weak figures seen in May and June.
Gross domestic product rose at a 3.1 % annualized rate from prior quarter (est. 3 %); revised upward from second estimate of 3 % Consumer spending, biggest part of the economy, grew at unrevised 3.3 % rate (est. 3.3 %) GDP revision reflects adjustments on farm inventories, health spending; sales of motor vehicles and parts revised down
«The recent upward revisions to the sales numbers reflect our forecast for a gradual strengthening of the single - family housing sector in 2018,» said Robert Dietz, chief economist for the NAHB.
«The recent upward revisions to the sales numbers reflect our forecast for a gradual strengthening of the single - family housing sector in 2018,» said NAHB Chief Economist Robert Dietz.