"Economic growth" refers to the increase in a country's total production of goods and services over a specific period of time. It indicates that an economy is expanding and becoming stronger, leading to more job opportunities, improved living standards, and higher incomes for individuals.
Full definition
The central bank does, however, expect a more moderate pace
of economic growth in the second half of this year.
The numbers released today were based on the average of private sector forecasts for
economic growth in 2016 - 17.
The trade figures led many economists to sharply raise their forecasts
for economic growth in the final quarter.
Both speeches were appeals to executives, households, investors and politicians to adjust to a future of
slower economic growth and unusually low interest rates.
The differences between scenarios are even more pronounced for solar growth expectations, although they depend more
on economic growth rates than the other energy sources.
It assumes strong rates of
global economic growth with continued high dependency on fossil - fuel based forms of energy over the next decades.
The new year brought a degree of optimism as a result of
strong economic growth in the emerging markets, as well as recovery in the developed world.
With economic growth constrained by slow growth in the labor force, we're also likely to see slow growth in corporate earnings.
The payments, which averaged about $ 900 per family, were meant to stimulate
economic growth by promoting consumer spending.
A failure to improve the investment environment and diversify the economy slowed
economic growth rates and thus demand for energy, including natural gas.
One of the reasons these extremely good times can't last is that most households simply aren't being paid enough to go on
driving economic growth as they have in recent years.
Keeping interest rates too low for too long undermines the long -
term economic growth potential of our economy.
Of course American leaders put great emphasis on
continued economic growth, and of course they look to foreign trade and investment to further that growth.
This year saw the highest - ever jump to a record level of CEO optimism in global
economic growth over the next 12 months.
The power sector must be seen as a strategic sector whose value lies in
supporting economic growth from which government can derive revenues through taxes.
In 2018, bankers say they expect another big year of investment, targeted more at sectors considered important to
future economic growth like high technology and renewable energy.
There is every reason to think the program will pay for itself through
faster economic growth over the medium term.
It could be that the prospects for continued slow
economic growth at home and the gloomy economic picture globally are weighing on them.
Nonetheless, developing the technologies necessary to
sustain economic growth without harming the environment will not happen without political action and moral pressure.
The region has experienced many years of
high economic growth because of the high prices of commodities and had time to make changes regarding climate change.
Significant improvements in energy efficiency could provide greater opportunity for
economic growth while also providing broader access to energy and related services even from limited energy resources.
Through the fourth quarter of 2011, residential investment contributed to
overall economic growth for the third consecutive quarter, the first time that has occurred since 2005.
A direction correlation can be made
between economic growth and business prosperity and the expansion of talent acquisition departments.
During periods of
accelerating economic growth stocks tend to outperform bonds and bond yields are forced to rise in order to remain attractive as investments.
The trend of gradual but below -
potential economic growth seen in 2012 is expected to carry over through 2013 and into 2014.
As more infrastructure is built, more private - sector investment will follow, drawing more funds back into the market, which will spur
more economic growth — and tax revenue.
Our industry understands that an all - of - the - above energy approach is the best way to ensure the security of our country while
encouraging economic growth and further climate progress.
The
world economic growth situation report contains issues expressing the dismal display of worldwide economics in the past few years.
Thus, monetary policy can best help to
foster economic growth by ensuring the continuation of a stable price environment.
African writers and artists have set out to rewrite Western views of the continent, which is experiencing
steady economic growth, a rising middle class, and demands new perspectives.
If
weaker economic growth pushes rental rates down over the coming months, property - level cash flow will suffer.
An increase of distribution centers allows for more goods to reach those in smaller markets in a timely fashion, as well as
creates economic growth in the form of jobs to those areas.
Phrases with «economic growth»