Sentences with phrase «as nominal wages»

Chair Yellen has consistently maintained that as long as nominal wages grow no faster than the Fed's inflation target of 2 percent plus productivity growth, which is running at (a truly yucky) 1 percent these days, wages can grow 3 percent without generating inflationary pressures.

Not exact matches

Unfortunately, budget forecasts do not provide a breakdown of the various components of nominal GDP, such as wages and salaries, corporate profits, interest income, etc., so it is difficult to properly assess the impact of changes in the economic forecast to changes in the major components of budgetary revenues.

Even as transfer payments continued to grow with GDP, nominal direct program expenditures — mainly spending on public - service wages — have either declined or been held constant.

However, they did not attempt to account for factors such as differences in employment levels between 2008 and 2019, as well as differences in nominal wages between the two years, including the fact that Alberta will already have a $ 15 minimum wage in place by 2019, so this federal minimum proposal will not directly boost the wages of any workers in that province.

While virtually all economists and reporters use «real» as meaning inflation - adjusted numbers for gross domestic product, wages and household income, real estate numbers are always nominal.