Sentences with phrase «cent real growth»

Without increasing the tax share of output, 1 per cent real growth over the next 40 years will yield an inflation - adjusted increase in tax revenue per capita of about 50 per cent.

Not exact matches

Budget 2016 estimates for nominal GDP growth appear reasonable, with 2016 NGDP growth pegged at 2.4 per cent (1.4 per cent real GDP growth plus 1.0 per cent GDP inflation).
For 2018, it's now predicting two per cent growth, as measured by real gross domestic product, compared to its 2.2 per cent prediction in January.
The budget also predicted real GDP growth of 2.2 per cent in 2018 and 1.6 per cent next year.
The Australian Bureau of Statistics «experimental» annual estimates of States» real Gross State Product (GSP) show that WA's economic growth for the year was 4.6 per cent, a little above the national average (4.3 per cent).
He said the second half is likely to be weaker than expected and will moderate annual real GDP growth to around 1.2 per cent for all of 2015.
This growing interest in India is not surprising; with average real annual growth of 8.75 per cent over the 2003 to 2007 period, India is emerging as an economic heavyweight in the region.
That said, the equation fits the cycle pretty well (see Graph 5)[8] and Graph 6 shows the impact on GDP growth of a 1 per cent increase in the real cash rate, maintained for two years.
RBC is forecasting real GDP growth of 2.5 per cent in 2014 and 2.7 per cent in 2015.
Does this mean that the budget will need to be balanced (or in a surplus) when real economic growth is 2 per cent or more?
What will happen if real economic growth is greater than 2 per cent ex post but the Government recorded a deficit?
The new government is targeting real growth of more than an average 2 per cent over the next decade.
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.
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...
-- The growth in real average (after - tax, after - transfer) family income from 1976 to 2010 was the smallest in the middle - income group, at seven per cent
In fact, the growth in real average (after - tax, after - transfer) family income from 1976 to 2010 was the smallest in the middle - income group, at seven per cent, while the top quintile (top 20 per cent) saw their family income grow by 27 per cent during that time.
Although there is considerable uncertainty around the outlook, the Bank is projecting real GDP growth will slow to about 1 1/2 per cent and the output gap to widen in the first half of 2015.
2016.06.10 Canadian economic activity erratic through 2016: RBC Economics 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...
The Bank expects Canada's economy to gradually strengthen in the second half of this year, with real GDP growth averaging 2.1 per cent in 2015 and 2.4 per cent in 2016.
Over the year to the March quarter, real output growth again exceeded 4 per cent, and indicators point to further strong growth in the June quarter.
For Ontario in particular, he estimated, that means an annualized rate of real GDP growth of just 1.7 per cent for 10 years.
Real GDP grew by 0.1 per cent in the September quarter, having contracted by 0.1 per cent in the June quarter, though in year - ended terms growth was a healthier 2.5 per cent (Graph 5).
National accounts data show that growth in real household consumption in the second half of 2003 was 7 per cent on an annualised basis, the strongest pace in over 20 years.
The private sector economists are surveyed for only a selective number of aggregate economic and financial indicators: real gross domestic product (GDP) growth; GDP inflation, nominal GDP;, the 3 - month treasury bill rate;, the 10 - year government bond rate;, the unemployment rate; the, consumer price index; the exchange rate (US cents / Cdn $); and finally, and U.S. real GDP growth.
Were he to invest and achieve a four per cent real annual return with just a little more risk from dividends and capital growth, he could have $ 17,920 per year starting at age 65.
This is a percentage point lower than average potential growth in the decade prior to the crisis... We estimate that the real neutral policy rate is currently in the range of 1 to 2 per cent... This translates into a nominal neutral policy rate of 3 to 4 per cent, down from a range of 4 1/2 to 5 1/2 per cent in the period prior to the crisis.»
Output expanded by 1.0 per cent in the June quarter, with growth in real GDP now running at 3.0 per cent over the year.
Real GDP rose at an annual rate of 4 per cent in the first half of the year, supported by robust growth in domestic demand.
The June quarter ABS capital expenditure (Capex) survey points to solid growth of machinery and equipment investment in real terms in 2003/04, although in nominal terms, investment is expected to fall by 3 per cent (assuming a five - year average realisation ratio), reflecting lower prices for investment goods.
Over the year to the March quarter, real output increased by a little under 5 per cent, and growth in the non-farm economy was somewhat stronger than that.
At an aggregate level, business investment grew by 21 per cent in real terms over the year to the December quarter, with growth strong in both the equipment and construction components.
Real GDP is 1.8 per cent higher over the year to the September quarter (Graph 6), and more timely indicators point to further growth in the December quarter.
The evidence suggests that most real people are shocked by the growth of inequality and the rise of the super-rich (or top 1.0 cent) which have been among the central themes of the last thirty years of British history.
Although economic growth was over 11 per cent between 2003 and 2008, real incomes actually stagnated and the North - South divide widened.
The Conservatives said its calculations showed the revenue the Treasury received from NI had risen by 22 per cent in real terms since 2001 - 02, five times the four per cent growth in income tax receipts over the same period.
However, if there is a real - terms freeze to overall spending, all schools will get there by 2024 — 25, or by 2023 — 24 if there is 2 per cent real - terms growth.
Canadian growth exceeded the bank's expectations and it now predicts real gross domestic product will expand at an annual rate of 2.6 per cent in 2017 — up from its January forecast of 2.1 per cent.
For 2017, it's now predicting three per cent growth, as measured by real gross domestic product, compared with its 3.1 per cent prediction in October.
For example, Canada saw year - over-year growth in real GDP last year of 1.3 per cent.
Were he to invest and achieve a four per cent real annual return with just a little more risk from dividends and capital growth, he could have $ 17,920 per year starting at age 65.
It also expects the adjustments to trim the forecast for Canada's real gross domestic product — a measure of economic growth — by up to 0.05 per cent over the same period.
«Double - digit real estate appreciation and one per cent wage growth don't work long - run on a lot of levels,» said Heath, the managing director of Objective Financial Partners in Markham, about 30 kilometres north of Toronto.
Global tourism real GDP growth is now expected to rise by two per cent this year (up from the 0.5 per cent forecast earlier in the year), creating an extra 946,000 jobs worldwide.
The Australian government has announced that greenhouse gas emissions fell 0.2 per cent in 2012, mostly due to lower greenhouse gas emissions from the electricity generation sector, despite growth in real GDP of 3.4 per cent over the same period.
As the area deals with «the new reality» of cheaper oil, the city's real estate market is seeing some sustained growth, with sales up 10 per cent over last year with modest price increases.
When looking at wage pressures, Oxford Economics have forecast real wage growth to be at 2.9 per cent for year - end 2017, down from 3.6 per cent in 2016, which is further good news for organisations based in the UAE.
«In the Vancouver market we have about seven per cent of the Realtor population, so that is a real growth market for us,» says Ash.
· And according to Precarious: Temporary Agency Work in British Columbia, the rate of growth of short - term positions is significantly outstripping that of permanent ones: http://www.macleans.ca/economy/realestateeconomy/the-vacant-truth-about-rental-condos/ According to the Canada Mortgage and Housing Corp., the federal agency that insures lenders against mortgage losses while simultaneously serving as one of the main sources of real estate data in the country, the vacancy rate for condo rentals is just 1.3 per cent — about as close to zero as you can get.
Meanwhile, the European Union (EU) economy will not be impacted to the same degree as the British economy but the ongoing uncertainty will make annual real GDP growth of 1.6 per cent in the 2016 - 17 period difficult to attain.
In a statement, the fund says growth was driven by a 7.4 per cent increase in the fund's network of agents and sales representatives, and the continued strength of the Canadian residential resale real estate market.
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