When
debts increase relative to income, long - term saving can be affected.
Not exact matches
Economists at TD issued a report on Tuesday revealing that household
debt has
increased across all age groups during the last decade, both in absolute terms and
relative to income.
If current laws remained generally unchanged, the United States would face steadily
increasing federal budget deficits and
debt over the next 30 years — reaching the highest level of
debt relative to GDP ever experienced in this country.
Everyone agreed that
debt in China is still growing far too quickly
relative to the country's
debt - servicing capacity, but the pace of credit growth seems to have declined in 2017, even as real GDP growth held steady and, more importantly, nominal GDP growth
increased.
The
increase in issuance has been due to a fall in the
relative cost of issuing
debt in Australia.
There were several possible catalysts suggested for this spike in concerns about a favorable outcome of the
debt ceiling negotiation, which has to be concluded ahead of the Treasury's X Date, now expected as early as October 1: some cited Steven Mnuchin's interview on CNBC, in which the Treasury Secretary said that the additional spending needed to help Texas recover from Hurricane Harvey may reduce the amount of time Congress has to
increase the federal
debt limit; another possibility was month - end liquidity needs and
relative positioning across the curve.
With the Federal Reserve reducing its asset holdings, the
relative influence of
debt mathematically
increases.
«The question that we should ask is how can you inherit a budget deficit of 9.3 % of GDP, proceed to reduce taxes, bring down inflation, bring down interest rates,
increase economic growth (from 3.6 % to 7.9 %),
increase your international reserves, maintain
relative exchange rate stability, reduce the
debt to GDP ratio and the rate of
debt accumulation, pay almost half of arrears inherited, stay current on obligations to statutory funds, restore teacher and nursing training allowances, double the capitation grant, implement free senior high school education and yet still be able to reduce the fiscal deficit from 9.3 % to an estimated 5.6 % of GDP?
«We have
increased our international reserves, maintained
relative exchange rate stability, reduced the
debt to gross domestic product (GDP) ratio and the rate of
debt accumulation, we have paid almost half of the arrears inherited, and, crucially, we are current on obligations to statutory funds,» the President said.
In addition, two broad measures of financial health —
debt delinquency rates and credit scores — showed short - lived and modest
increases: The worst - flooded residents had 90 - day delinquency rates that were about 10 percent higher,
relative to non-flooded residents, for the three months following Katrina.
Such an
increase in
debt, they note, «can be paid off with just a few years of the additional wage income ($ 7,000) that the average household is collecting each year»
relative to 1992.
This also explains the
increase in buybacks and
debt reduction on the part of corporations,
relative to
increases in plant and equipment.
Ipsos Reid conducted the poll about a week after the Parliamentary Budget Office issued a report on Jan. 19 that said Canada has seen the largest
increase in household
debt relative to income of any G7 country since 2000.
«But once we segment by risk tiers, we find a gradual shift where subprime consumers are
increasing their share of the
debt load
relative to the low - risk population,» he said.
The budget office also noted that indebtedness has continued to edge higher in Canada, which has seen the largest
increase in household
debt relative to income of any G7 country since 2000.
«We believe high household
debt relative to disposable income has made the market more susceptible to market stresses like unemployment or interest rate
increases,» the agency says in the assessment issued Monday.
When cash
increases relative to
debt, it's an improving balance sheet.
Because of the
increasing level of cash flows necessary to service the
debt relative to the economic yield on the assets, it doesn't take much fluctuation to make the most marginal borrowers question whether they can hold onto the assets.
The EM corporate market is still small
relative to developed markets
debt outstanding despite emerging markets countries»
increasing contribution to global GDP...»
The combination of the deficit, the need to
increase the US credit limit (aka the
debt ceiling) and the fragile economy have lined up to force a major political debate about the
relative mix of spending and revenue.