Sentences with phrase «cent of the economy in»

A map from the pro-market American Enterprise Institute shows international trade counts for more than 10 per cent of the economy in numerous states with Senate races this fall including: Arizona, Texas, Nevada, Indiana, Tennessee, Michigan, Washington, Montana and North Dakota, among others.

Not exact matches

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

Analysts think the economy is growing at a rate of around 2.5 per cent in the current January - March quarter, which ends this week.

The 0.4 per cent growth rate for the gross domestic product, the economy's total output of goods and services, was the weakest quarterly performance in almost two years and followed a much faster 3.1 per cent increase in the third quarter.

For all of 2012, the economy grew 2.2 per cent after a 1.8 per cent increase in 2011 and a 2.4 per cent advance in 2010.

Retail, not mining, has borne the brunt of the slowdown in Western Australia during the past 12 months, with a study of the state's economy by the investment bank Goldman Sachs revealing a startling decline in retail jobs of more than 20 per cent.

Meanwhile, the central bank's own forecast pegs GDP growth at 2.6 per cent this year, which makes Canada one of the fastest growing economies in the developed world.

This group of occupations has an unemployment rate of just over 1 per cent and wages that are «rising by an average annual rate of 3.9 per cent — more than double the rate seen in the economy as a whole.»

But his «safe hands on the economy» message cut through in the end, with the coalition winning a majority of seats in 1998 despite Labor winning 51 per cent of the two - party vote.

Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»

«2015 was another mediocre year for the Canadian economy, growing by only 1 per cent in 2015 after a technical recession in the first half of the year.

Starting in 2017, Alberta will apply a $ 20 - a-tonne price on carbon emissions that will cover about 90 per cent of the economy, including essentials such as gasoline and home heating fuel.

The Liberals sold the first of their infrastructure program by saying that the money, $ 11.3 billion of which was committed on a cash basis between April 2016 and this Saturday, would grow the economy by 0.2 per cent in the first 12 - months and then by 0.4 per cent in the ensuing 12 months.

It's an important question, and one that could go some way toward explaining why GDP growth has averaged just 1.4 per cent in developed economies since 2010, compared to an average of 3.6 per cent between 1985 and 2007.

It's now predicting, however, the economy will rebound in the second quarter with 2.5 per cent growth, in part because of rising foreign demand.

«The main message, though, is that the exciting growth from the middle of 2016 up until the middle of 2017 is now truly in the past, and the economy is back to the drudgery of slogging out something closer to potential of around two per cent,» Porter wrote in a note to clients.

Coffee consumption in the world's second biggest economy is still well below that of Europe and the US, and market researcher Euromonitor predicts that retail sales volume of fresh coffee will post a compound annual growth rate of 17 per cent in China.

It predicts that the economy will grow just 2 per cent to 2.3 per cent this year, down from its forecast in June of 2.3 per cent to 2.6 per cent growth.

A joint study estimated bilateral trade will increase by about 20 per cent, resulting in a $ 12 billion boost to the Canadian economy and the creation of about 80,000 new jobs.

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.

Inflation averaged just 1.6 per cent last year, and the economy entered a soft spot in the second half that spilled over into the early part of 2018.

The bank had predicted the economy to expand by 2.5 per cent in the first three months of the year.

Exports have never been a big part of the U.S. economy, they make up 10 per cent of GDP, less than half the slice of the pie they account for in Canada.

The Bank's three measures of core inflation remain below two per cent and wage growth is still subdued, consistent with ongoing excess capacity in the economy.

There we can see the sharp drop in oil and gas output, which constitutes 10 per cent of our economy, and the slowdown in non-energy commodity production, which represents a further 8 per cent.

1) Less than five per cent of Canada's economy is likely to experience significant competitive pressures from differences in jurisdictional carbon prices.

Small business accounts for 97 per cent of all enterprises in the APEC economies, and 66 per cent of people in the ASEAN region view entrepreneurship as a positive career choice (surpassing the global average of 62.5 %).

If the Conservative government wants to stabilize the debt - to - GDP ratio at 25 per cent, then at that ratio, the government must run a permanent and growing structural deficit that will result in the government's debt increasing at the same rate of growth as the economy.

Between this year and last, the province's economy is 94 per cent of what it was in 2014.

Core inflation has been lower than expected in recent months... Core inflation is expected to increase gradually over coming quarters, reaching 2 per cent by the middle of 2013 as the economy gradually absorbs the current small degree of slack, the growth of labour compensation remains moderate and inflation expectations stay well anchored.

A recent report by the Conference Board of Canada estimates that, based on the pace of the Canadian economy (and ignoring factors that are constraining our maneuvering space on monetary policy, such as the situation in Europe and the Fed's interest rate target), our key interest rate right now should be 2.5 per cent.

In a document generally positive about the current global economy, but flashing warning signs of potential trouble ahead, Tuesday's IMF World Economic Outlook foresees growth in Canada of 2.1 per cent this year and two per cent next yeaIn a document generally positive about the current global economy, but flashing warning signs of potential trouble ahead, Tuesday's IMF World Economic Outlook foresees growth in Canada of 2.1 per cent this year and two per cent next yeain Canada of 2.1 per cent this year and two per cent next year.

In 2011, the National Roundtable on the Economy and the Environment calculated that the cost of climate change for Canada could grow to between $ 21 to $ 43 billion a year by 2050 — roughly one per cent of GDP that year.

«The TPP will provide increased and privileged market access for Canadian exports, services and investments in one of the world's most dynamic economic regions, which represents nearly 40 per cent of the world's economy,» said Iain Black, President and CEO of The Vancouver Board of Trade.

Could the economy have successfully negotiated the period of robust growth, and rising inflation, in the first half of 2000, in the face of strong downward pressure on the exchange rate, with interest rates maintained at 4 3/4 per cent?

That framework's been in place since the early 1990s, we have hit the target over that 20 year period, the average inflation rate's pretty close to 2.5 per cent, so we regard that as successful by the terms of the definition that we set ourselves and I think that's made a big contribution to economic stability more generally and I don't think it's an accident that that period of fairly low predictable inflation has coincided with pretty good sustained growth in the economy.

Given the nation's debt load — as of February, households had a record $ 2.1 trillion of mortgage and non-mortgage debt — Poloz estimates the economy is 50 per cent more sensitive to rate hikes than in the past.

But if the independent state of Catalonia will take control of its economy first by adopting blockchain currency, its economic standing in the world, albeit miniscule in terms of dollars and cents, will be cemented.

That's dampening what little inflation exists in the economy, which is troubling for the Bank of Canada because it's mandated to keep prices advancing at a rate of about 2 per cent a year.

The revisions showed that in the first half of 2017, household consumption and residential investment combined totalled 64.3 per cent as the share of the total economy, a record.

With the economy expected to resume above - potential growth in the near term, our expectation is that inflation will converge on 2 per cent as the output gap closes and the temporary effects of low oil prices and past exchange rate depreciation dissipate.

Quebec's economy grew 3.1 per cent in 2017, the strongest pace for that province since 2000 and twice its rate of growth in 2016.

Underlying Inflation is moving further below the official target of 2 per cent and he attributes this «to excess supply in the economy and heightened competition in the retail sector».

Yet governments in Canada continue to protect this small segment — less than one - half of one per cent of Canada's economy — even though the system significantly, and adversely, affects much larger parts of the economy.

Latvia's one year of solid economic growth since its economy plunged by 25 per cent in 2008 - 10 is billed as a success.

For the rest of 2007, we expect the Canadian economy to remain healthy and our forecast for real GDP growth is 2.5 per cent, down slightly from its growth level in 2006.

The Bank anticipates that the economy will return to full capacity and inflation to 2 per cent on a sustained basis in the first half of 2017.

As the Canadian economy contends with softer than expected exports, weak business investment and effects of the Alberta wildfires, real GDP growth in 2016 is forecast to be 1.4 per cent...

According to the PBO, provincial cooperation with the federal carbon floor may reduce the size of Canada's economy by 0.5 per cent in 2020.

Goods and services exports account for 32 per cent of gross domestic product in Canada versus 13 per cent in the United States, which has the largest domestic economy in the world.