Statistics Canada reported December 1 that gross domestic product
expanded at an annual rate of 2.3 % in the third quarter after contracting at rates of 0.3 % and 0.7 %, respectively, in the previous two quarters.
That suggests the central bank will leave the borrowing costs unchanged on Sept. 9, especially since the U.S. economy
expanded at an annual rate of 3.7 % in the second quarter.
U.S. gross domestic product
expanded at an annual rate of 0.7 % in the fourth quarter, a rather feeble expression of strength by the economy that is supposed to lead the world out of this latest phase of post-crisis malaise.
Its economy is finally in the black this year,
expanding at an annual rate of 1.7 percent in the third quarter, its best performance since 2008.
I didn't much like that GDP report from last Friday, showing that the economy
expanded at an annual rate of 1.2 % in the second quarter.
For example, after including the latest figures for growth on Thursday, the economy has
expanded at annual rate of 1.8 percent under President Obama, half the pace of growth in the first five years of the Clinton administration, and below the 2.5 percent annual growth rate for President Bush between December 2000 and December 2005 in the same years.
The good news culminated this summer with a StatsCan report that showed gross domestic product
expanded at an annual rate of 4.5 per cent in the second quarter.
Gross domestic product
expanded at an annual rate of 1.2 %, according to the Bureau of Economic Analysis, up from an initial 0.7 % reading.
Canadian growth exceeded the bank's expectations and it now predicts real gross domestic product will
expand at an annual rate of 2.6 per cent in 2017 — up from its January forecast of 2.1 per cent.
Despite weakened GDP growth early in the current fiscal year, India's economy is projected to
expand at an annual rate of 7 percent or more over the next three fiscal years, according to the World Bank.
Not exact matches
Yemeksepeti is seeing more than 50 percent
annual growth in its fourteenth year, Aydin told Inc., with international operations
expanding at a 200 percent growth
rate.
Sanderson thinks that listening hours can
expand at a 14 % compound
annual growth
rate through 2017 and 11 % through 2020, while its share of people who listen to music can grow from 8 % in 2013 to 18 % by 2020.
The economy
expanded at a 3 percent
annual rate in the July - September quarter, after a 3.1 percent gain in the second quarter.
Carolyn Wilkins, the senior deputy governor
at the Bank of Canada, said in a speech on September 14 that Canada's
annual potential growth
rate — the fastest gross domestic product can
expand without triggering inflation — is now a mere 1.5 %.
By combining SolarCity with Tesla, we expect to significantly
expand our total addressable market to include a solar market that generates $ 12 billion in the U.S. alone, and that is expected to grow
at a compounded
annual growth
rate of between 15 - 20 % in the next 5 years.
Business investment has been a major driver of growth in recent years,
expanding by 18 per cent over the past year, and
at an average
annual rate of 14 per cent over the past three years.
McCaig noted that the market for module - level power electronics has
expanded at a compound
annual growth
rate of ~ 1,500 % from 2009 to 2012.
The government last week revised second - quarter gross domestic product to show GDP
expanding at a 3.7 percent
annual pace instead of the 2.3 percent
rate it had initially estimated.
The US GDP
expanded at a 3.2 percent
annual rate in Q3 2016, a significant jump from Q2's 1.4 percent.
The U.S. economy
expanded at an average
annual rate of 3.4 % between the Reagan and Obama presidencies.
Per GlobalData, crackers (savory biscuits) are projected to see volume
expand at a compound
annual growth
rate (CAGR) of 1.73 % for the period from 2016 to 2021.
Biomedical sciences manufacturing output
expanded fourfold from S$ 6.3 billion (US$ 4.2 billion) in 2000 to S$ 24 billion (US$ 15.9 billion) in 2007,
at a compounded
annual growth
rate of 21 percent, far surpassing the industry's global growth
rate.
Transcatheter aortic valve replacement with a self -
expanding valve prosthesis for the first time has demonstrated significantly lower death
rates at one year compared with conventional surgical valve replacement in high - risk patients with severe aortic stenosis, according to research presented
at the American College of Cardiology's 63rd
Annual Scientific Session.
Although some other renewable energy technologies are seeing much faster growth — wind power has
expanded 21 percent per year since 2008, for example, while solar power has grown
at a blistering 53 percent
annual rate — this was geothermal's best year since the 2007 - 08 financial crisis.
While the top - tier firms prospered, the
annual American Lawyer list found that three - quarters of the 100 firms
expanded at a slower growth
rate, with average profit per partner inching up just 0.2 percent, to $ 1.47 million.
The U.S. economy grew in the third quarter
at the fastest pace since 2010 with real GDP
expanding at a 2.0 percent
annual rate, up from 1.3 percent in the second quarter.
The Economist Intelligence Unit (EIU) forecasts Mexico's GDP growth
rate to
expand at an average
annual rate of 3.7 % from 2011 through 2015, higher than the 3.1 % average achieved during the period 2003 through 2008, and 230 basis points higher than the average over the past 20 years.
And, this pool of wealthy buyers will
expand at a 20 per cent compound
annual growth
rate over the next three years.»
The latest estimate from the Federal Reserve Bank of Atlanta's closely watched model estimated the economy
expanded at a 2.4 percent
annual rate from April through June.
By comparison, during the 1991 to 2001 period, when GDP growth averaged 3.3 % per year, the working population was
expanding at a 1.2 %
annual rate and growth in output per hour averaged 2.0 % per year.
Economic activity
expanded at a 1.2 % seasonally adjusted
annual rate, an upward revision from the previous 0.7 % estimate.
Personal consumption expenditures
expanded at a 4.3 %
annual rate for the quarter, exceeding expectations.
According to the Federal Reserve Board, consumer credit outstanding, which is composed of credit not secured by real estate,
expanded at a seasonally adjusted
annual rate of 7.0 % to $ 2.8 trillion in November.