Sentences with phrase «at an annual rate of»

The economy grew at an annual rate of 0.4 per cent in the October - December quarter, the Commerce Department said Thursday.

Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate of around three per cent for nearly a year is too weak to absorb interest rates that still are near record lows.

With economic indicators suggesting gross domestic product grew at an annual rate of four percent in the first quarter, the Bay Streeters insist the future is bright.

Statistics Canada reported December 1 that gross domestic product expanded at an annual rate of 2.3 % in the third quarter after contracting at rates of 0.3 % and 0.7 %, respectively, in the previous two quarters.

Just as alarming is that interest on this debt is increasing at an annual rate of 5 %, outpacing spending increases on every other budget item.

Gross domestic product contracted at an annual rate of 0.5 % in the second quarter and 0.8 % in the first, which is exactly what the Bank of Canada predicted in July when it dropped its policy rate by a quarter point.

That suggests the central bank will leave the borrowing costs unchanged on Sept. 9, especially since the U.S. economy expanded at an annual rate of 3.7 % in the second quarter.

(Currently, the U.S. GDP is growing at an annual rate of around 2 percent.)

In January and February, the U.S. trade deficit with those three large economic systems, accounting for about 40 percent of world's demand and output, was running at an annual rate of $ 612.3 billion, a 3 percent increase from the same period of 2017.

The American trade deficit with China in January and February was running at an annual rate of $ 391.2 billion — a 20 percent increase over the same period of 2017.

Craft and hobby supply shops, as well as stores that sell toys and games, have been outperforming the overall retail industry, growing at an annual rate of 9 percent, according to AnythingResearch.com.

Britain's population has grown fast in the last 15 years, at an annual rate of more than 0.5 % since the year 2000.

When he wanted a loan to help the company grow faster, he found banks willing to lend to him — at annual rates of 20 percent or more.

The U.S. economy grew at an annual rate of 2.9 % in the third quarter of 2016, above the consensus expectations of 2.6 %.

(It aims to keep prices increasing at an annual rate of 2 %, with a cushion of 1 percentage point on each side of that target.)

The Bank of Canada reckons the economy is likely to grow at an annual rate of 2 % without sparking inflation.

Despite indicators showing that the economy can in no way be growing at an annual rate of 7 % (for example, in the first seven months of this year, power consumption grew barely 1 % while rail freight fell 10 %), Chinese officials continue to insist, with a straight face, that growth is meeting the 7 % target.

U.S. gross domestic product expanded at an annual rate of 0.7 % in the fourth quarter, a rather feeble expression of strength by the economy that is supposed to lead the world out of this latest phase of post-crisis malaise.

The company currently offers a seven - month installment loan there at an annual rate of 398 percent.

Canada's GDP contracted at an annual rate of 0.5 % in the first quarter, and shrunk 0.8 % in the second quarter, according to StatsCan.

The food truck industry is a lucrative niche, with revenue growing at an annual rate of 7.9 percent from 2011 - 2016, according to research firm IBISWorld, hitting nearly $ 870 million.

Residential solar installations have grown at an annual rate of 70 percent for the past five years.

However, fresh data released Friday showed the U.S. economy shrank in the first quarter, contracting at an annual rate of 0.7 per cent.

Its economy is finally in the black this year, expanding at an annual rate of 1.7 percent in the third quarter, its best performance since 2008.

Official figures show that the economy is growing at an annual rate of 7 %, the sort of expansion western nations can only dream about.

I didn't much like that GDP report from last Friday, showing that the economy expanded at an annual rate of 1.2 % in the second quarter.

For example, after including the latest figures for growth on Thursday, the economy has expanded at annual rate of 1.8 percent under President Obama, half the pace of growth in the first five years of the Clinton administration, and below the 2.5 percent annual growth rate for President Bush between December 2000 and December 2005 in the same years.

Accompanying the news of the «grand and comprehensive» European solution on Thursday was the news that GDP rose at an annual rate of 2.5 % in the third quarter.

Productivity declined at an annual rate of 0.6 percent, even worse than the 0.5 percent drop initially reported, the Labor Department reported Thursday.

The good news culminated this summer with a StatsCan report that showed gross domestic product expanded at an annual rate of 4.5 per cent in the second quarter.

Manufacturing output rose at an annual rate of 1.4 % during the period, compared with a 9.8 % rate in the first quarter.

It grew at an annual rate of 36.3 percent from 2009 — 2014 to $ 197 million last year.

Ethereum on the other hand has no maximum supply, and is capped at an annual rate of 18 million ether — meaning that the purchasing power of a deflationary currency (bitcoin) is expected to rise over time, whereas the value of an inflationary currency (ether) will drop.

The US economy grew at an annual rate of 3.1 % compared to the 2.6 % annual rate currently.

Indeed, the core personal consumption expenditure (PCE) index stood at an annual rate of just 1.2 % in April, still well short of the Fed's 2 % target.

As a result, underlying inflation is likely to trough at an annual rate of around 1 3/4 per cent at the end of 2004, rising to around 2 1/2 per cent by late 2005.

GDP increased at an annual rate of 2.3 % in the first quarter, the Bureau of Economic Analysis stated in an advance estimate.

We estimate that US real GDP will grow at an annual rate of 1.4 % in Q2, with an increase of 1.2 % in final sales.

The company has compounded its earnings per share at an annual rate of 15.41 % over the last decade, which is almost unheard of for such a large company over a stretch of time that included one of the worst financial crises my generation will probably ever see.

Housing credit grew at an annual rate of just under 19 per cent over the first half of 2000, compared with 16 1/4 per cent over the previous six months.

Notably, the initial estimate for third - quarter gross domestic product (GDP) growth came in at an annual rate of 1.5 %, well down from the second quarter's 3.9 % rate.

U.S. gross domestic product grew at an annual rate of just 1.3 percent in the second quarter.

Over the first half of 1999, consumer spending grew at an annual rate of 4.8 per cent, around the same pace as was recorded in the second half of 1998.

The pace of growth in housing credit nonetheless remains brisk, and now appears to have stabilised, at an annual rate of around 12 1/2 per cent over the six months to December.

Housing construction grew at an annual rate of 12.9 per cent, the fourth consecutive quarter of double - digit growth.

Credit outstanding increased at an annual rate of more than 15 per cent over the first half of this year, and by just over 13 per cent over the year to June.

According to the «advance» estimate released this Friday by the Bureau of Economic Analysis, the real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018, which is higher than the market expectations of 2.0 percent.

The Wage Cost Index continues to record wages growth at an annual rate of around 3 1/4 per cent, and there has been little change in the wage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent range.

Broad money increased at an annual rate of 14 per cent over the six months to March, compared with 16 per cent growth in total credit (Graph 64).

Broad money and M3 grew at annual rates of 9.8 per cent and 11.2 per cent over the six months to September.