Economic growth in the first quarter retreated due to what we feel were transitory issues, including headwinds from a rising dollar, work stoppages at West Coast ports and harsh winter weather, leading to a 0.7 % drop in the US gross domestic product during first - quarter 2015.1 We still maintain, however, that the two main pillars of the US economy — consumer spending and corporate earnings — will continue to be supported
by moderate economic growth.
Not exact matches
The bank cited the prospect of slower
economic growth in Canada brought about
by lower oil prices as one reason for
moderating the rate.
Still, some investors expressed concern that
economic growth has
moderated and that future interest - rate increases
by the Federal Reserve could slow
growth.
In terms of
moderating growth in the first quarter, it's worth noting that
economic growth can often be complicated
by seasonality adjustment issues.
Recent policy actions, including today's rate reduction, coordinated interest rate cuts
by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to
moderate economic growth.
And while U.S.
economic growth today is lower than at points in the 1980s and 1990s, it's still quite remarkable in a global environment beset
by only
moderate European
growth and slowing
growth in China and other emerging markets.
Recent policy actions, including today's rate reduction, coordinated interest rate cuts
by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to
moderate economic growth.
The pace of global
growth moderated, primarily driven
by weaker
economic activity indicators in Europe.
There is agreement that climate change would
moderate the rate of
economic growth,
by a little according to some studies and
by a lot according to other studies.
As Alex Novarese of Legal Week is right to point out, overall revenue in the UK legal market last year fell for the first time in living memory, but even if the overall size of the legal market in the UK remains static or falls (a tussle between the opposing forces of
economic growth increasing demand on the one hand and business pressures to reduce fees and outsource on the other), market dynamics dictate that the revenue will be clustered differently, with the
moderate - high fees currently enjoyed
by the mid-tier for mid-market work under the most severe attack, the beneficiaries being niche firms and LPO providers.
Gathering business sector top members, public authorities» representatives and being
moderated by Daniel Apostol, a renowned Romanian
economic media figure, the event aimed to elicit interest in the development of Braşov's economy and local community, a city considered to be the heart of Romania and having a very important
economic growth potential.