Sentences with phrase «booming resource industry»

Not exact matches

Western Australia's resources boom may be driving the state's economy, but it's also restricting the franchising industry's potential for ongoing growth.

«The film industry is very much boom or bust, so we are either dealing with a lot of resources, or we don't have any work and are still trying to pay our staff.»

Economists use the term «Dutch disease» to describe the way resource booms spur an inflationary spiral that causes other industries to wither and hampers overall competitiveness, as happened to the Netherlands as a result of its natural gas boom in the 1960s.

«Caterpillar has a lot more exposure to commodities, and while commodities have been trending higher of late, these resource - related industries are much more boom and bust,» Cramer said.

As a result, the relative wage in mining — that is, resource extraction — has risen by about 10 per cent (by far the largest increase of any single industry), after having trended lower over the decade leading up to the boom (Figure 12).

Verdon draws upon the resources of the Diocesan Museum of Prato, a Tuscan city with a booming textile industry and many wealthy collectors who have lent their pieces to the museum.

WELLINGTON: New Zealand's booming tourism industry is emerging as a cornerstone of an economy hit by declining dairy exports, but the hordes descending on silver screen locations such as Hobbiton are stretching the small island nation's resources.

The plantation experiment set in motion by the British was intended to help make the best use of the colony of Malaya's (as Malaysia was known under British rule) timber resources and was also instructive in the development of rubber plantations that were spreading across the region to fuel the booming new automobile industry.

They are committed to providing support, accreditation, and valuable business resources to Canada's booming industry of Health Coaches.

For example, in the recent resources boom, we heard from an acquaintance in the mining industry that mining truck tires were so scarce as to sell in many instances at a higher price second hand than new.

The discovery of oil in the 1960s led to a boom and the emirate used its resources to diversify into a wide scope of industries and economic sectors with the launch of a number of outstanding initiatives such as the offshore Jebel Ali Free Zone.

«The Bakken boom is a perfect example of how new and improved technology is allowing industry to tap previously inaccessible or unknown energy resources to create jobs, decrease our dependence on foreign oil and grow our economy.

The business running this graduate recruitment scheme is an executive and interim resourcing business focussed on the booming technology industry.