Sentences with phrase «economy contracted in»

The Canadian economy contracted in May by 0.2 percent, the fifth consecutive monthly decline.
As the economy contracted in the 1980s, inflation levels (consumer price inflation) fell, remaining between 6 and 12 % from 1982 to 1986.
After an extended period in which the economy contracted in nominal terms, nominal GDP also rose slightly over the year (Graph 4).

Not exact matches

Staying competitive in the on - demand economy and appealing to today's contract workers means you must have a clear understanding of what your company has to offer.
That was in line with analysts» views that the economy, which has contracted for the past three quarters, will grow moderately this year on the back of a global economic recovery and the government's expansionary policies.
Japan's economy contracted again in the final three months of last year, highlighting that the world's third biggest economy remains in recession.
The government forecasts the economy will grow 4.5 - 5.5 percent this year, although expectations are for the figure to come at the low end of the range, in danger of its slowest growth since 2009, during the Global Financial Crisis, when the economy contracted.
The companies have joined forces to create the Open Ledger Project with the Linux Foundation, with the goal of re-imagining supply chains, contracts and other ways information about ownership and value are exchanged in a digital economy.
She'd also provide greater protections for contract workers in the «gig» economy, while supporting the innovations of companies such as Airbnb and Uber, which have built that new sector.
The government forecasts growth of 4.5 - 5.5 percent this year, although expectations are for the figure to come at the low end of the range, putting Malaysia in danger of its slowest growth since 2009, during the Global Financial Crisis, when the economy contracted.
Forget bricks of bullion, he says, which would be dangerous to carry around in a disintegrating economy, and stay away from certificates that say you own gold or silver in some institutional vault, because those contracts could be rendered worthless.
Service firms are getting into the act too: «Beth Harshfield, the owner of Exhibit Arts, an advertising and marketing company in Wichita, Kan., said she started bidding on military contracts six years ago because «I got tired of the local economy kicking the legs out from under us.»
The state's economy — which grew by a staggering 6 percent in 2014 — contracted by more than 2 percent last year.
Hundreds of billions of dollars in new government spending will reach small firms, either directly in federal contracts or indirectly as this money makes its way through the economy.
Economies in Brazil and Russia are contracting, and most large emerging markets, with the possible exception of India, are slowing, according to the data.
He tells Contracting Business magazine, «We've learned through every down cycle in the economy of the need to react quickly, and look far enough ahead to be sure we have the revenue we need to keep people employed.»
The front - month contract slipped for a second straight month in October on ample crude supply and worries about lower fuel demand as the global economy slows.
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.
It was more subdued in Greece, where the economy has contracted by more than a quarter between 2008 and 2016.
Leases, vendor contracts, bank loans — entrepreneurs are finding that in this economy, nothing is carved in stone.
However, fresh data released Friday showed the U.S. economy shrank in the first quarter, contracting at an annual rate of 0.7 per cent.
He added that some aspects of the economy have been surprisingly resilient, with the labour market posting advances in months when GDP has contracted.
Provincial outlooks becoming more balanced in 2017 RBC expects the economies of Alberta, Saskatchewan, and Newfoundland and Labrador to contract further this year as the oil - producing provinces continue to struggle with low revenues and private sector restraint.
The fund has been consistently over-optimistic about Greece's economic prospects, but officials said that if the economy did contract in 2015, it would make up the lost ground in the future.
Economists expect the UK economy to contract all of this year, eventually recovering in 2010.
Finally, the Bank of Canada recently cut its forecast for this year to 1 % from 2 %, and acknowledged that the economy had contracted in the second quarter.
Credit continues to contract in many countries and sectors and economies are once again softening in most parts of the world.
In some developing markets, prepaid minutes are wildly popular over phone contracts in many emerging economies and easily availablIn some developing markets, prepaid minutes are wildly popular over phone contracts in many emerging economies and easily availablin many emerging economies and easily available.
Ahead of that this morning we have CPI inflation data, fears of low inflation coupled with a contagion from slow growing and even contracting foreign economies is exactly why we believe the FOMC will not remove the «considerable time» phrase in its statement when referring to raising rates.
Venezuela's oil production plunged last year to the lowest in decades as Maduro's socialist government contended with quadruple - digit inflation, a contracting economy and social unrest.
As seen in the two figures below, sectors of the economy tied to housing began contracting in April 2006 while elsewhere employment growth and nominal income continued to grow.
Activity in the U.K.'s dominant services sector fell for the first time in two years in December, a closely watched monthly survey showed on Friday, a sign the economy may have contracted in the final quarter of the year.
Belarusian president Alexander Lukashenko signed the decree «On the development of the digital economy» in January that legalized cryptocurrencies, initial coin offerings, and smart contracts.
In Argentina, after contracting sharply in the six months to March, the economy has shown signs of growth more recentlIn Argentina, after contracting sharply in the six months to March, the economy has shown signs of growth more recentlin the six months to March, the economy has shown signs of growth more recently.
Madrid expects the economy to contract 1.7 % this year, and euro - zone finance ministers agreed Monday to relax Spain's budget deficit targets to 6.3 % of gross domestic product in 2012 instead of 5.3 %, down from a deficit of 8.9 % last year.
It's important to remember that the global economy is forecast to expand — not contract - in 2015.
The International Monetary Fund (IMF) expects the South American country — which has the largest proven oil reserves in the world — to contract 10 percent this year and has declared it the worst - performing economy in the world right now.
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...
Turkish President Recep Tayyip Erdogan has suggested that international loans should be contracted based on gold instead of U.S. dollars in order to prevent exchange rate pressure on economies.
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.
Germany's economy contracted slightly in the second quarter but avoided recession with meager 0.1 percent growth in the third quarter.
It's approach to the sharing economy is unique in the sense that it introduces a smart contract technology that will help eliminate brokerage thus eliminating fee and boost influencers» income.
If you're living in Alberta today, you don't really care about this debate over whether there's a recession or not; you know the Alberta economy is contracting and labour market conditions in Alberta have weakened a lot.
«Though we already pay # 11 billion a year to subsidise a low - wage economy because employers are not paying people enough to live on, volunteers up and down the country are providing a further # 30 million a year in «free» labour to ensure that our fellow citizens in low paid work, on zero hour contracts, or relying on a broken benefits system have enough to eat.
Paul Griffiths's obliviousness to the economy of social contract in the matter of rights compels him to claim that the Church supported «legalized murder» for two thousand years.
Some organic dairy producers exited the sector in 2009 when processors cut back on organic dairy contracts during the downturn in the U.S. economy.
They fell victim to economies of scale and are now relegated to sub-contractor work in regional «contract package areas», dealing only with the toughest cases.
With the latest gross domestic gross domestic product (GDP) figures showing that the economy has contracted further, with sharp falls in manufacturing in particular, Unite general secretary, Len McCluskey called again for the government to change course:
Talks on a subsequent contract stalled largely because the city said it couldn't match the pattern of raises given to other public employees — of 4 percent annually — after the economy soured in 2009.
He said: «The headline figures are in the region of N126 billion but I think that Is not the story, the story really is what the award of those contracts will do to the economy.
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