The speed with which China's GDP growth slows in 2013 will tell us a lot about how determined Beijing is to rebalance the economy in such a way that growth is driven more
by higher household income and consumption and less by investment funded by rising government and government - related debt.
Not exact matches
The
household products maker also saw revenue beat estimates, but did see its profit margins impacted
by higher commodity costs.
By borrowing: the country's
household debt to personal disposable income ratio has climbed to a record
high of 152.98 %, according to Statistics Canada.
According to a recent global wealth study
by Boston Consulting Group, Canada ranks seventh in global «ultra -
high - net - worth»
households, meaning those with assets exceeding $ 100 million.
While their numbers differ, separate studies
by the provincial government, Statistics Canada and the Fraser Institute all show a slight increase in
household taxes under the HST, skewed toward
higher - income
households.
By 2013, the most current year data is available, the percentage of single - person
households soared to 27.4 percent, the
highest in U.S. history.
In the October report, there were five: stronger - than - expected U.S. growth;
higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending
by Canada's heavily indebted
households.
The
high income
households have nice broad, diversified safety nets that can allow them to withstand shocks (oil prices, housing prices, employment fluctuations, unexpected illness)
by shifting through short, medium and long - term forms of saving.
Her agenda also includes proposals to connect every US
household to
high - speed internet
by 2020, train 50,000 new computer science teachers, increase the research and development budgets of the National Science Foundation, and bolster cybersecurity, Reuters reported Tuesday.
That period of reflection appears to have emboldened Poloz's conviction in the story he's been telling from the start: that international sales of manufactured goods and services would lead a rotation away from the economy's reliance on
high commodity prices and consumption
by heavily indebted
households.
Despite boasting the province's
highest average annual
household income, Kerrisdale didn't take the top spot in B.C. based on net worth, in part because the area's homes ranked third
by price.
For me, the biggest disconnect of all is the fact that while Americans are more prosperous
by Martin's measure, Canadians now have a
higher average
household net worth.
Announcing the report findings, commissioner for census and statistics Leslie Tang Wai - kong pointed out that the Gini coefficient - an index from 0 to 1 that measures the wealth gap - for
households rose
by 0.002 from 0.537 in 2011 to a record
high of 0.539 last year.
That survey found that the national median
household income rose
by 3.2 % over the previous year, to $ 59,039, the
highest to date.
Both have large populations and the growth to accompany it, lots of corporate offices, and do better than average
by household income and number of
high - earners.
The
higher wage would boost labor income
by 1.3 percent
by 2019, with just 27 percent of those gains going to low - income
households.
And this analysis ignores the harm done to low - and middle - income
households by the loss of health insurance and
higher health insurance premiums caused
by the individual mandate's repeal.
The personal exemption (currently offering
households $ 4,050 per person in deductions) is eliminated, replaced
by the
higher child credit and standard deduction.
Moreover, we understand that you support entitlement reform, but do you believe that it is politically realistic for the Republicans to actually achieve your goal when it would entail asking seniors to sacrifice
by cutting Social Security and Medicare shortly after Republicans argued that we could afford to add over a $ 1 trillion to the deficit for tax cuts that largely benefit corporations and
high - income
households?
At the same time, it has become clearer that precautionary behaviour
by households and some firms is exerting restraint on the pace of growth in demand, and that the
higher exchange rate is diverting more demand abroad.
First,
by constraining the growth of
household income and subsidizing production, China forced up its savings rates to astonishingly
high levels.
The personal exemption (currently offering
households $ 4,050 per person in deductions) is eliminated, replaced in theory
by the
higher child credit, lower rates, and
higher standard deduction.
Another worry, recently highlighted
by the International Monetary Fund, is historically
high Canadian
household debt compared to incomes.
With funds managers holding about 15 - 20 per cent of assets in domestic bonds, the change in the composition of
household assets has translated into
higher demand for bonds — a demand which is no longer being met
by government issues.
A recent report
by the Federal Reserve Bank of New York revealed
household debt has hit a new
high.
That's average
by Maryland's statewide standards, but it's abysmal compared to Fairfax County where it's closer to one in 17 and the average
household income is $ 112,000, or about 50 percent
higher than in Prince George's.
Historically whenever global demand is weak, and unemployment
high, countries will try to gain a larger share of that demand
by reducing wages or otherwise taxing
households to subsidize production (devaluing the currency is just a way to tax the consumption of imports and to subsidize exporters).
Spain's
household savings rate fell to its lowest level on record in the third quarter of last year as
high unemployment and wage deflation in the latest recession obliged them to devote more of their disposable income to consumption, according to figures released Wednesday
by the National Statistics Institute (INE).
The small business tax rate, which is really the taxation rate for a Canadian - controlled private corporation (known as CCPC), is also used
by high - income
households as a form of income splitting with dividend distributions shared between spouses, Mintz said.
According to a confidential survey commissioned
by Hockey Canada last year and obtained
by The Globe and Mail, the 1,300 parents surveyed had an average
household income roughly 15 per cent
higher than the national median.
By studying its most loyal customers and marketing specifically to similar
households near one of its dealerships, a Minnesota group not only increased sales but also generated significantly
higher profits on those incremental deals.
Now, one might object that a
high value of financial assets relative to disposable income is actually a good thing, and that it reflects greater saving
by households.
Looking at the sector - wide performance of Corporate America in the second quarter of this year, more than 80 percent of the companies in information technology, healthcare and the financial - services space reported
higher than estimated EPS growth, closely followed
by the consumer staples industry producing food, beverages,
household articles, while about 60 - 70 percent of the companies listed under the energy, utilities and materials sectors reported better than expected EPS numbers.
The pick - up in consumption in the March quarter appears to be continuing and is being supported
by further increases in consumer confidence;
household spending increased
by 2 1/2 per cent in the June quarter and consumer confidence is now at its
highest level in 4 years (Graph 3).
Growth in
household disposable income picked up steadily over the past year, driven
by solid employment growth, to be running at just under 6 per cent over the year to the June quarter, the
highest rate of increase for almost three years.
While such a rate of expansion will clearly not be sustainable in the longer run, there is little sign at this stage that the appetite for borrowing has been restrained
by the recent increases in interest rates, even though the
higher debt burden of
households might be expected to make them more responsive to interest rate changes.
Introduce your business
by sending introductory letters alongside your brochure to all the
high school leavers, aspiring entrepreneurs and
households within and outside the city you are operating who have the capacity to pay for your services
The bulk of
household debt in Australia tends to be owed
by those with the
highest incomes who are most able to service their loans (Graph 11).
Canada wasn't the focus of the panel discussion the governor was participating in, but Carney did hint, in passing, that the BoC is willing to put up with
higher than two per cent inflation in order to avoid hurting highly indebted Canadian
households by raising interest rates too quickly.
The search for
higher returns has also resulted in a sharp increase in direct investment in the share market
by households.
A
high rate of growth in spending
by households has been an important factor sustaining the strong performance of the Australian economy.
Bank of Canada Governor Carney stated last week that the Central Bank would try to reduce
household debts
by offering
higher interest rates.
Having a degree is, statistically, the greatest corollary to becoming a self - made millionaire as roughly 90 out of 100 rich
households in the United States are headed
by someone with a four year degree or
higher according to research done
by the late Dr. Thomas Stanley at the University of Georgia.
[U] nderpinned
by an improving labor market, better
household balance sheets, favorable financial conditions, a healthier housing market as
household formation gradually returns to levels that are more closely aligned with demographic factors,
higher nonresidential investment as firms finally upgrade aging capital stock, and a smaller fiscal drag.
Households now face
higher food costs as well as the
higher gasoline costs driven
by disruptions in the Middle East.
The limitation on itemized deductions (sometimes called «Pease» after the Ohio congressman who proposed it) reduces deductions for
high - income taxpayers
by 3 percent of the amount
by which their AGI exceeds a threshold — $ 261,500 in 2017 ($ 287,650 for heads of
household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately)-- but not
by more than 80 percent of deductions claimed.
Further, servicing costs of those
households with debt are considerably
higher than indicated
by the average experience across the
household sector, and have risen a good deal over the past ten years.
Some of this gap in net assets also comes from the
higher lifetime income of the
household without student loan debt; though the indebted
household begins their careers earning more, their income falls behind that of the debt - free
household by its early 40s, and earns significantly less during the peak earning years of the mid-50s.
We have a president that received no vetting from CNN or those who voted for him and look what we got... a partisan ideologue who has brought the number of Americans who need food stamps to a record
high, embraced policies that have resulted in 23 million Americans unemployed or under - employed, decreased
household incomes
by $ 4000 annually, increased the number of Americans dependent on the federal government to nearly 50 % and appointed dozens of «czars» who we know nothing about and who were also never vetted.
Regardless of the polls showing
higher favor for changing the definition of marriage —
by dillutiing the definition of marriage you make IT WEAKER AND make mothers and children more vulnerable to being abandoned — QUIT the attack on heathy two parent
households.