Sentences with phrase «economy contracted by»

We now know that the economy contracted by an annualized pace of 2.9 percent in the first quarter, the worst quarterly showing since the recession.

Quarter - on - quarter, the economy contracted by 0.2 % in the 1st quarter following a downwardly revised 0.1 % growth in the 4th, while year - on - year, the economy contracted by 0.6 % following the 4th quarter's downwardly revised 0.6 % growth.

In 2009, for example, the economy contracted by 5 %, some 7.5 percentage points below its trend.

YouGov's latest survey for the Sunday Times was conducted following the news that Britain's economy contracted by 0.7 % in the second quarter of this year — a worse figure than most economists had predicted.

Not exact matches

The weakest aspect of Canada's economy this year was the feeble performance of private investment, projected by the Conference Board of Canada to contract by nearly 8 per cent compared to 2014 levels.

The state's economy — which grew by a staggering 6 percent in 2014 — contracted by more than 2 percent last year.

The fall was brought on by some lost contracts, big layoffs, worries about a Chinese slowdown and drop in private jet travel; it was uncertain times to be sure, but with the economy in recovery mode today, many think the stock price is poised for a rebound.

The Russian economy has been hit by low oil prices and western sanctions and is set to contract 0.6 percent this year, according to data from the International Monetary Fund.

It was more subdued in Greece, where the economy has contracted by more than a quarter between 2008 and 2016.

Russia's economy has absorbed the shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year

«The economy has absorbed the dual shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year.

The improvement is surprising, given other official data show the economy to have contracted by 0.7 % over the same period.

This year economists expect the Italian economy to contract only slightly - by 0.3 %.

South Korea's economy unexpectedly contracted q / o / q by.2 % instead of rising by.1 % as expected.

Canada's economy expanded by 1.3 per cent in 2016, as strong growth in British Columbia, Ontario, Manitoba and P.E.I. was offset by Alberta and Saskatchewan, whose economies contracted...

Then, he said, the concern was that the UK economy was stagnating and might contract again: now the concern is that rapid growth might need action by the BoE to make it more sustainable.

Indeed, Greece's economy fell into recession again in the first quarter as its GDP contracted by 0.2 %, after shrinking 0.4 % in the previous period.

The contracting economy increases the measures Prime Minister Alexis Tsipras needs to take to meet conditions set by euro - region governments and the International Monetary Fund.

Growth has not only been downgraded yet again but he has confirmed, following the double - dip recession, that our economy is now forecast to actually contract this year by 0.1 per cent.

Luanda failed to use its oil wealth to diversify its economy, and its rhetoric of state building and poverty alleviation obscured the fact that dos Santos» allies were benefiting massively from kickbacks and contracts generated by government investment.

The admission by Bob Diamond, disgraced former Chief Executive of Barclays Bank that the bank has behaved in a «reprehensible manner» and profited hugely at the expense of both its customers, the public purse and, potentially, the global economy is surely sufficient justification for cancelling the contract.

Speaking at a lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired by Former President John Agyekum Kufuor, Dr. Bawumia among others accused government of failing to put to good use the huge loans it has contracted.

Conversely, he said, it was important to note that the South African economy grew by a more impressive 2.5 per cent after contracting by 0.3 per cent and 0.6 per cent in Q4 2016 and Q1 2017, respectively.

«Over the year as a whole, the UK economy is expected to have contracted by 4.75 per cent this year.

City forecasts of 0.5 % growth for the last three months have been trimmed back by most economists to around 0.1 % or 0.2 %, and some have even predicted the Office for National Statistics figures could show the economy contracting.

A few days after the news came that Britain's economy had contracted by 0.5 % in the final quarter of 2010 came the figures from... (Comments: 0)

The government has encouraged schools to save money through economies of scale and by renegotiating contracts, but Collins said this had already been done out of necessity.

The central bank had predicted that the economy would contract at an annual rate of 1.0 per cent during the second quarter due to the damage caused by the wildfires.

In Atlantic Canada, the Newfoundland and Labrador economy was hit hard in 2016 by energy price declines, with the provincial government expecting the province to contract in real terms in 2017.

The Canadian economy contracted in May by 0.2 percent, the fifth consecutive monthly decline.

We, however, believe that a weak economy will keep the Fed on hold throughout this year, so the interest rate implied by the December 2010 contract will fall by 1.22 percentage points.

With three distinctive brands — SureStay Hotel (Premium Economy), SureStay Plus Hotel (Lower Midscale) and SureStay Signature Collection (Midscale Soft Brand)-- Best Western aims to provide options in the marketplace for franchisees who are disillusioned by one - sided contracts that do not deliver.

Today, the Institute of Contemporary Art at the University of Pennsylvania (ICA) announced that it will be the first museum certified by W.A.G.E. (Working Artists and the Greater Economy), a New York — based activist organization founded in 2008 which advocates for artists to receive fair compensation from the institutions which contract their work.

«They need to make sure that if it's going to contract the economy, it's going to raise electricity rates — as is already happening, by the way, if you compare our price per kilowatt versus Europe largely or Germany particularly; I think we're at seven or so cents per kilowatt, far better than those in Europe and Germany particularly,» he noted.

While it has been present for some time, its urgency for governments has been overtaken by immediate problems such as contracting economies, high debt, high deficits and high unemployment caused by a combination of factors including poor policy choices.

On September 24, Bill Ritter, the current director of the Center for the New Energy Economy at Colorado State University and former Governor of Colorado, wrote in the Wall Street Journal that «Long - term contracts for wind energy are being signed by utilities in several states in the range of 3 cents per kWh over 20 years» (1).

Judging by their sprawling briefs and ponderous, verbose contracts, many lawyers care little about word economy.

TokenGen, dubbed the ultimate smart contract generator for the token economy, has been released in live demo mode by the Fabric Token team for users to test — https://fabrictoken.io/tokengen-live-demo/.

Beyond the hype, NEO provides developers with the toolbox to advance the smart economy by digitizing assets and automating the management of those assets through smart contracts.

An ICO sells participation in an economy, project or decentralized autonomous organization (DAO, which is an organization that is governed by smart contracts and has no central authority).

By combining digital assets, digital identity, and smart contract, the virtual currency seeks to create a smart economy built on the foundations of decentralization, transparency, and security.

The first global marketplace for trading all virtual items based on blockchain and smart contracts, DMarket, announces its intention to create a new in - game items» economy worth of more than $ 450 billion by giving to 2.3 billion gamers worldwide an

In a global labour market increasingly characterised by the prevalence of short term engagements, independent working and freelance contracts, the «gig economy» is a natural progression in the age of flexible working.