Note that I am not saying that the GST has
damaged the housing sector, only that it caused a timing impact on spending.
The Levy Economics Institute research claimed that student loan debt hurts the U.S. economy in a variety of ways, including crimping small business formation and
damaging the housing sector with reduced home buying.
Not exact matches
The modest outperformance in growth in the Canadian economy is arguably reflective of the relative
damage that the financial crisis brought to the US
housing and financial
sectors, and also is reflected in the higher current level of policy rates in Canada (the Canadian overnight lending rate is currently 1 per cent, compared to the US Fed Funds target rate of 0 to 0.25 % per cent).
And they will not reverse the
damage done by two years of deep cuts to long - term projects like
house building and the school building programme which have seen a collapse in the construction
sector.»
A sustained move of the 10 - year Treasury note yield above 5.5 percent would crimp consumers» and companies ability to borrow, further weakening the
housing sector and
damaging the economy as a whole, strategists said.
More than 60 % think the government's move to hike court fees by as much as 600 %, which was agreed by
House of Lords yesterday, will
damage the competitiveness of the UK's legal
sector.