Sentences with phrase «economic growth this year»

The Congressional Budget Office has estimated that the combination of tax increases and spending cuts could trim economic growth this year by about 1.5 percentage points.

The European Union is expecting strong economic growth this year and next year but predicts that departing Britain will see tougher times ahead.

BRUSSELS — The European Union is expecting strong economic growth this year and next year but predicts that departing Britain will see tougher times ahead.

Britain's main business network has boosted its forecast for the country's economic growth this year and next but lowered it for 2018, as uncertainties surrounding the Brexit process persist.

The authors said Trudeau's fiscal stimulus would add 0.5 % to economic growth this year and next, allowing the economy to reach its non-inflationary level of potential output faster than if former prime minister Stephen Harper's obsession with a balanced budget had remained Ottawa's priority.

The Bank of England said to expect very little economic growth this year and next as business investment craters.

«Fiscal consolidation efforts, high unemployment, tight credit conditions and private deleveraging in peripheral countries will put a low cap on economic growth this year and next,» predicted TD economists in their latest outlook.

«The extreme optimism about economic growth this year has cooled as the hard data have come in constructive but not exceptional,» wrote Michelle Meyer, Bank of America Merrill Lynch's US economist, and her colleagues in their research.

Investors are waiting to see if sustained economic growth this year will give China's leaders the confidence to quicken and deepen reforms, though many say Beijing continues to rely too heavily on debt - fueled stimulus.

Therefore, it's time for employers to dust off the playbook from the economic growth years and pay attention to compensation practices that retain talent,» said Rusty Rueff, Glassdoor career and workplace expert.

With the global economy «floating on an ocean of credit,» the current acceleration of credit via central bank policies will likely produce a positive rate of real economic growth this year for most developed countries, PIMCO chief Bill Gross writes in his latest monthly commentary, but «the structural distortions brought about by zero bound interest rates will limit that growth and induce serious risks in future years.»

«Economists across Canada are predicting that B.C. will lead the country in economic growth this year.

Our view for broader and stronger economic growth this year, with only slightly higher interest rates from current levels, is favorable for equity valuations — especially after the latest decline in equity prices.

The lending agency kept its forecast for global economic growth this year at 3.9 percent, which would be the fastest pace since 2011.

Conditions have also contributed to a declaration from the International Monetary Fund's (IMF's) managing director, Christine Lagarde, that global economic growth this year is likely to be weaker than the IMF's July forecast of 3.3 %.

The Royal Bank says most of Canada will experience stronger economic growth this year and next, but only Alberta will see the kind of gains that will make a real impact on job creation.

OTTAWA — The Bank of Canada has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent, its first increase in nearly seven years, amid expectations of stronger economic growth this year.

Despite population growth, there were 600 million fewer Chinese living in absolute poverty (based on consumption) in 2005 compared to 1981, largely due to double - digit economic growth year after year, unleashed by the partial liberalization of its economy starting in 1979.

Economic modeling suggests that this would shave 0.06 percentage points off global economic growth each year.

Although U.S. economic growth this year isn't expected to be spectacular — about 2.8 percent of gross domestic product for the year — job, wage, and wealth gains from a rising stock market will be sufficient to give consumers the wherewithal to start buying again.

Williams estimated the Brexit fallout would reduce U.S. economic growth this year by about one - tenth of a percentage point, to «a touch under 2 percent.»

As a result, housing will add to economic growth this year for the first time since 2005,» states Kiplinger's current economic outlook.

Not exact matches

The Tax Foundation, a conservative - leaning group that has a more aggressive model for economic growth, found that the House bill would add about $ 989 billion to the deficit over 10 years.

Recent economic data are, «encouraging,» including indicators of business investment, an important element of economic growth that has been depressed for years.

Two more years of economic pain Australia faces a longer period of low growth, higher debt and higher unemployment than predicted just four weeks ago as the wave of job losses gathered strength, with clothing manufacturer Pacific Brands axing 1850 staff across the country.

Their newest paper uses historical data from multiple countries to show that an increase in the ratio of household debt to gross domestic product over a three - to - four - year period predicts a decline in economic growth.

The NSFC's president, Yang Wei, said that further advancing China's renewable energy sector was a crucial part of its 13th five - year plan and would help to «drive future economic growth and advance the cause of low - carbon development.»

Even the first - quarter slowdown in U.S. economic growth (GDP was 2.3 percent) is being met with the usual skepticism: «We expect faster growth in Q2 and throughout the year,» UBS said in a note to clients.

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.

On a full - year basis, 2013 same - store sales growth of 1.1 % in the Canadian segment was below our original target range of 2 % to 4 %; we believe this was due to ongoing challenging economic conditions and increased competitive intensity in our industry.

BRUSSELS (AP)-- Economic growth across the European Union will remain robust this year and next, particularly when compared with Britain, which is set to leave the bloc in less than a year, the EU's executive branch said Thursday.

One of the reasons the IMF has changed its tune on fiscal policy is because research it has done in the past year shows that borrowing to pay for infrastructure pays for itself over the longer term by generating faster economic growth.

But that said, growth of 5 percent in the global container market outpaced economic growth last year,» Skou said.

That year, the Economic and Social Research Institute said growth would continue through to 2010, barring policy mistakes or outside factors.

But she also stresses creating the environment for long - term economic growth, which is why a significant increase to the capital - gains tax for investments less than six years in duration is at the center of her plan.

In the same quarter last year, Goldman missed expectations, citing «renewed concerns about global economic growth.»

A recent forecast by the Conference Board of Canada suggests that indebted households will restrain spending over the next few years, contributing to slow economic growth.

In the U.K., economic growth slowed to a one - year low of 0.3 percent from 0.7 percent in the last three months of 2016, the Office for National Statistics said on Friday.

Hershey (HSY) cut its full - year revenue forecast again earlier this summer, and also announced a round of layoffs, as sales continue to shrink in the increasingly health - conscious U.S. and the company's efforts to boost sales in China have faltered amid that country's sluggish economic growth.

Shipping, which has been hit by years of overcapacity and slow economic growth, saw early signs of a turnaround in early 2017, but freight rates fell in the second half.

In its spring forecast, the European Commission said it expects economic growth across the 28 - country EU to dip to 2.3 percent this year, from last year's decade - high rate of 2.4 percent.

Even prior to the Trump win, a victory that signaled higher economic growth, rising interest rates, and likely less regulation, all good for financial services, Buffett had secured paper profits over 5 1/2 years of $ 6.9 billion on his preferred.

WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion over 10 years, even when taking into account additional economic growth forecast with the tax cuts, the Joint Committee on Taxation said last week.

Most analysts expect the first rate hike to come in September of this year, but that the pace of subsequent rate hikes will be slow, taking into account continued middling economic growth and below - target inflation.

New Federal Reserve Chair Jerome Powell addressed Congress, detailing the central bank's outlook for monetary policy and economic growth for the coming years.

Jerome Powell addressed Congress on Tuesday, detailing the central bank's outlook for monetary policy and economic growth for the coming years.

But more important was the previous decade's economic boom, including four consecutive years of 4.4 % or better real GDP growth.

Federal Reserve officials followed through on an expected interest - rate increase and raised their forecast for economic growth in 2018, even as they stuck with a projection for three hikes in the coming year.

Add an anemic projected economic growth of 0.5 % next year, due to the weak rube, and Ukraine - related sanctions, and Russian consumers may be pulling back on everything from Pepsi to Hugo Boss suits.

From his point of view, earnings growth for the year will be moderate and a choppier stock market could hurt the stock, which is sensitive to economic ups and downs.