Sentences with phrase «bigger drag on growth»
They changed their mind because they concluded that the impact of tax rises and spending cuts on economic growth — the fabled «fiscal multipliers» — has turned out to be a much bigger drag on growth than they, the Government or the OBR originally thought.
http://www.politics.co.uk/ Not exact matches
The study declared one of the «biggest drags» on the housing market was high joblessness, and «the strength and sustainability of the housing recovery will depend most on the bounceback in employment growth.
However, net trade was likely an even bigger drag on GDP growth in Q1, which supports the consensus for a weaker rate of expansion in Q1 2018.
But as the equity gilt shows, if you withdraw dividends from the portfolio then their effective rate of return is minus 100 percent, and that's a big drag on future growth.