Sentences with phrase «driver of economic»

Most surveys were taken during the summer of 2001, but follow - up questions after the Sept. 11 attacks on New York and Washington, D.C., show that the real estate industry remains a bystander rather than a driver of the economic downturn, with events only amplifying previous industry weak spots.
Energy efficiency was the largest driver of economic benefits for both markets.
The paper also underscores how the real estate market is a driver of economic growth and a catalyst for consumer trends.
NAR welcomes President Obama's bold support for true net neutrality rules that preserve an open Internet and allow for equal, unencumbered access to this powerful driver of economic activity for both small businesses and consumers.
While housing has long been a cornerstone of our economy and a key driver of economic development and job creation, it is also the foundation of strong families and healthy communities.
Position Head Start as the most accountable and effective early childhood education and driver of economic mobility.
The good news is that we know that innovation is a fundamental driver of economic growth, and America has led the world in innovation for the past two centuries — from the mechanization of textile manufacturing in the late 18th century to the invention of the Internet in the late 20th century.
That includes «transitioning to a higher - value - added, more knowledge - based economy, and reducing emphasis on export - led heavy industry as a key driver of economic growth.»
Clean, renewable energy has proven itself to be a powerful driver of economic development in Maryland, including job creation.
But those regulations are not the driver of economic growth.
At the same time, household formation is a key driver of economic growth.
It has also been a major driver of economic growth.
The housing market has been a major driver of economic growth across the country in the last decade and this nurtured consumer confidence in taking on household debt.
Education is recognized worldwide as the most important driver of economic growth and social change, and teachers are the ones leading the way.
I was pleasantly surprised that not only did the candidates address both, but that they went further, discussing the skills gap, teachers, and how education is a driver of economic success.
«It's particularly concerning that in the CBI's latest report on regional growth our research shows that the fundamental driver of economic performance is education.
The fact that the achievement level of a state's workers is a key driver of its economic performance suggests that the gains from improved school quality could be substantial.
The patent system in the 19th century was a driver of economic expansion (or so it is said).
The Obama administration published a 2016 report that outlined a generally optimistic future, with AI serving as a major driver of economic growth and social progress.
As Senators continue to vet Rex Tillerson's ability to lead the U.S. Department of State, the potential of science, technology and innovation as a primary driver of economic growth, scientific progress and global security should be central to their inquiries.
«We recognise that open data and transparency can be a powerful tool to help reform public services, foster innovation, empower citizens... we also understand that transparency can be a significant driver of economic activity,» he said.
«Private enterprise and initiative is going to be the principal driver of economic growth.
The Governor, during the symbolic presentation of N20million cheques to beneficiaries at the Banquet hall, Ilorin said his administration has prioritized the informal sector as a major driver of economic activities.
Addressing an audience of more than 80 Parliamentarians and 150 construction industry leaders, civil servants and journalists at the House of Commons, Bill Bolsover, the Chairman of the Construction Products Association, identified the construction industry as a key driver of economic growth and suggested ways in which government should kick start the recovery.
Elise Stefanik brings a belief that Main Street is the driver of economic recovery, and Matt Doheny was focused of Wall Street all along, ever since he first showed up to run Congress.
The food and agribusiness sector is a vital contributor to the Australian economy and a major driver of economic activity, employment and prosperity for many parts of rural and regional Australia.8
Over the past generation «supply side economics» has become an epithet used to cast scorn and derision upon any policy that doesn't look to Big Government as a driver of economic growth.
The country's banking sector is vulnerable, however, because of its heavy reliance on wholesale funding, Tuvey says, «There have been large deposit withdrawals, and credit growth will remain weak after having been the main driver of economic growth.»
Credit growth became the driver of economic growth.
[354] And in recent years, business creation has been documented by scholars such as David Audretsch to be a major driver of economic growth in both the United States and Western Europe.
Today the White House announced major steps to improve incentives for future innovation in high tech patents, a key driver of economic growth and good paying American jobs.
The New York Times Economix blog post The Quiet Driver of Economic Growth: Exports covers the steady growth in the percent of U.S. GDP generated by exports.
With the much lower than expected oil prices, we can no longer expect Alberta to be the driver of economic growth in Canada.
Heavily indebted households can no longer be relied on as the main driver of economic growth.
The biggest driver of economic growth next year will be from household consumption, which policy makers reckon will get a boost from the federal government's tax cuts and its decision to augment monthly child benefits.
The Trump campaign counters the history of bad blood between Trump and the Bay Area, saying it values the tech industry as a driver of economic growth, according to Re / code.
It's an accepted and well - circulated meme that small businesses are the drivers of economic growth, creating most of the jobs that keep the nation humming.
Health care made up 19,500 of those gains, making it (yet again) one of the major drivers of economic growth.
When he was appointed three years ago, Poloz assumed non-energy exports and business investment would take over from household spending and housing as drivers of economic growth.
So yes, interest rates are depressed, but so too are the structural drivers of economic growth and corporate income, and much of that is baked in the cake of demographic factors like population growth.
Trade and investment liberalization are drivers of economic growth, and the Business Council is a strong proponent of Canada's participation in trade deals.
The change in the drivers of economic growth is also good for gold.
But shackling small firms, the drivers of economic growth, with extra expense is not the answer,» said national chairman Carol Undy.
Faso said Dodd - Frank financial regulations created the unintended consequence of reducing the number of community or small and medium - sized banks, which are the predominant drivers of economic development in his district.
«Major drivers of economic development are located in the city and if we want to see growth in those institutions that have already shown themselves to be proven economic development machines, we should be investing in those entities,» she said.
This creates the political justification for sharpened rhetoric on equality, while the policy rationale is contained in counteracting the tendencies to inequality involved with both globalisation and technological change, the great drivers of economic transformation in our times.
The continent has failed to invest in science, technology and innovation (STI) as drivers of economic growth and long - term sustainable development.»
But he says it's needed at a time when «science and engineering have become even more important as drivers of economic growth.»
For more than 250 years the fundamental drivers of economic growth have been technological innovations.
It is my opinion that those are the greater drivers of economic growth, and that the government can do little to foster growth, aside from having simple long - term policies, and letting us get on with being productive.
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