Sentences with phrase «drag on growth»

Even though housing is typically only about 5 per cent of the economy, falls of this magnitude are a significant drag on growth.

On the negative side, business fixed - investment spending continued to disappoint, residential investment was weak and inventory investment was a substantial drag on growth.

Also, trade seems likely to exert a net drag on growth.

In contrast, net exports have been a significant drag on growth, largely because of weak merchandise exports.

Investment, which accounts for about half of China's economic output, was a major drag on growth in the fourth quarter, a result of monetary authorities making credit more expensive.

If the trade deficit to Asia is suddenly reverse, we'll see China — and countries linked to China — experience a major drag on growth.

In a recent note to clients, Madani wrote that housing investment may continue to assist GDP growth throughout the rest of 2013, «but there are still tentative signs that a day of reckoning lies around the corner, with housing likely to become a significant drag on growth next year.»

The nasty mixture of a depreciating currency and escalating prices have forced the central bank to hike interest rates, which will act as a further drag on growth.

Economists blamed the slowdown on poor weather and the West Coast port strike, though a recent paper from the New York Federal Reserve found the latter event to have only a modest drag on growth.

Events could compel Canadians to deleverage at any moment, and that would be a hideous drag on growth.

There are times when the overall trade deficit is a clear drag on growth, and times when the capital flows that support it are distortionary.

3) The fiscal cliff would amount to a 4.5 % - of - GDP drag on growth in 2013 if all tax cuts and transfer payments were allowed to expire and draconian spending cuts were triggered.

They changed their mind because they concluded that the impact of tax rises and spending cuts on economic growth — the fabled «fiscal multipliers» — has turned out to be a much bigger drag on growth than they, the Government or the OBR originally thought.

But for Kapoor, the main ongoing drag on growth in the sector is insufficient luxury retail infrastructure — a long - term issue that has still not been satisfactorily addressed.

In an economy where consumption is two - thirds of GDP, a reluctant consumer is a real drag on growth.

The stance of U.S. fiscal policy in recent years constituted a significant drag on growth as the large budget deficit was reduced.

That's a drag on growth, but a welcome one if it means households have begun doing something about record levels of debt.

We are beginning to see the drag on growth brought about the inexorable rise of total (not just government) US debt.

That makes trade a drag on growth.

We do know that reduced labor force participation will be a drag on growth.

The expected resolution of the fiscal cliff will eliminate some of the uncertainty that has restrained the franchise sector, but it will also bring higher taxes that create a drag on growth.

In the second quarter, though, these drags on growth were offset by strong consumer spending, resulting in a solid pace of PDFP growth.

Investment by the energy sector, for years a drag on growth, has in recent quarters begun to add to it, U.S. government figures show.

In a world awash with excess capital and insufficient demand, the U.S. current account deficit is a drag on growth.

Based on Janet Yellen's testimony, the Fed plans to employ a relatively seamless process of unwinding their balance sheet, rather than have this act like a rate hike surrogate with an accompanying «taper tantrum» that would drag on growth.

TV unit Canal Plus remains a drag on growth despite signs of a turnaround.

These debt loads act as a drag on growth and impede achieving escape velocity for GDP growth.

Net exports have acted as a drag on growth for two consecutive quarters.

Another drag on growth is public and privately held debt.

Major says borrowing costs can stay low for years because debt loads incurred by the largest economies after the financial crisis will drag on growth and constrain their ability to spend.

Exports will also be a drag on growth.

The New Zealand economy continues to grow strongly, underpinned by strong domestic demand, while net exports are still acting as a drag on growth.

The foreign sector is also a drag on growth.

NOTES FROM UNDERGROUND is in the camp that OIL supply disruptions are a drag on growth, especially in an environment of high unemployment and a severely stretched consumer.

Even the IMF now says your plans are «a drag on growth».

Blair hit the airwaves yesterday morning with some chilling stats on the drag on growth, the rising cost of living and skills shortages across the board including an 89 % fall in applications to become a midwife.

Your training as a yoga teacher should not be a drag on your growth and instead of giving your power to a guru, it will ensure that you can take control of your life, that you are the primary player.

It is a drag on growth.

«However, the long - run negative effects of debt eventually outweigh their short - term positive effects, with household debt accumulation ultimately proving to be a drag on growth.»

However, net exports were weaker than projected and continued to exert a significant drag on growth.

«Far from being a drag on growth, making our energy sources more sustainable, our energy consumption more efficient and our economy more resilient to energy price shocks — those things are a vital part of the growth and wealth that we need,» he said.

All those additional lawyers are a drag on the growth of revenue per lawyer.»

For all of 2012, the Group expects growth to be modest at 2.3 percent as a number of factors combine to constrain activity, including slow real disposable income growth, which should restrain household spending activity; a very small contribution from net exports; and continued fiscal contraction by the federal government, as well as ongoing cutbacks by state and local governments acting as a drag on growth during the year.

«We expect the fiscal policy climate to act as a drag on growth this year with possible implications on the direction of the economy in the long term.