Sentences with phrase «further economic decline»

Instead, the cuts fueled further economic decline and forced the governor and legislative leaders to impose even deeper cuts to public education and other state services.

If this is not done swiftly and convincingly we will see a worsening of the credit crunch that Spanish consumers and inverstors are currently suffering, leading, in turn, to further economic decline.

Not exact matches

Sterling could decline further against the euro to offset the economic impact of losing trade links with the European Union, the president of the Peterson Institute told CNBC on Tuesday.

Far from an economic powerhouse, China's economy remains a middleweight when its vast number of poor people is taken into account — the country's per capita GDP is only around US$ 4,500, 1 / 10th that of the U.S. And as a share of the economy, household incomes have actually declined over the past decade.

The BRIC's worst economic performer thus far in 2009, Russia is overly reliant on energy, has a declining and aging population with Third World mortality rates and an authoritarian government too willing to intervene in its economy to the detriment of investors.

That's why Andrew Sheets, Chief Cross-Asset Strategist, expects further declines in UK, European and global economic growth, the value of the British pound, and also UK and European stocks.

Current rates of economic growth are likely to generate further declines in unemployment in the period ahead.

Partly as a result of that, Australian economic growth now appears unlikely to decline much further.

I doubt that the decline in economic confidence has run its course, so I expect the gold / commodity ratio to move further into new - high territory before something more important than a short - term top is put in place.

Bill Hester notes that going back as far as Depression era data, that same behavior coupled with a rich Shiller P / E (anything above the mid-teens) and a preponderance of daily declines in recent data (say down 11 days out of 14) has preceded even worse outcomes - particularly in the context of a weak economic backdrop.

Inflation, the President added, has declined from 15.6 % at the end of 2016 to 10.4 % at the end of March this year, and is expected to decline even further to an end - of - year single digit target of 8.9 %; with economic growth increasing from 3.6 % in 2016 to 8.5 % in 2017.

While that traumatizing example was of a far different magnitude, the subway system is the backbone of New York and its decline imperils the city's economic vitality.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

G. Thomas Tranter Jr., president of Corning's economic development arm, said that the $ 113 million figure «far exceeds reality,» but declined to provide a different number, arguing that «it is inaccurate to assign monetary values to incentives.»

«The net emission flows from western regions to eastern regions in China may further decline because of the faster economic growth in the western regions.

Our current economic ranking of 16th may only decline further if action isn't taken.

In light of the declines in the prices of energy and other commodities and the weaker prospects for economic activity, the Committee expects inflation to moderate further in coming quarters to levels consistent with price stability.

Despite the current mid-cycle economic slowdown in Europe, European banks should also experience further improvement in their credit fundamentals as non-performing loans continue to decline.

To further lower interest rates and to encourage confidence needed for economic recovery, the Federal Reserve committed itself to purchasing long - term securities until the job market substantially improved and to keeping short - term interest rates low until unemployment levels declined, so long as inflation remained low (Bernanke 2013; Yellen 2013).

The first thing one wondered was if Breechen had read through the proposed regulations; the second was if pinning his hopes on this declining industry is the best he can come up with to further economic development in southern Oklahoma.

As European colonists began to settle along the coast, introducing new economic enterprises, exploiting the marine resources, and establishing Catholic missions, the native food sources were depleted, native economies were altered, and island populations declined even further.

Offering further context for the main installation, «The Contemporary in Context» presents the artist's graphic timeline of the Contemporary relative to specific historical and speculative events of the twenty - five - year period and longer term social and political transformations including the decline and growth of economic inequality.

We've seen far more on an economic system antithetical to survival, more on population and power distributiin and which will decline faster, much more on personal attacks

Subsequently Mauritius experienced the benefit of the so - called demographic bonus through a decline in youth dependency combined with still very low old age dependency, resulting in a period of economic growth, investments in infrastructure, and further education.

A far more dangerous threat to the human endeavor is, in my mind, our reliance on finite resources and the difficulty our economic systems will have coping with a decline in the availability of cheap energy.»

With some success, far - right activists have this spring managed to turn it into an inflammatory word that conjures fears of world government, lost freedoms, and economic decline.

Moreover, in a statement released by FTC Chair Majoras, she declined to recuse herself, explaining that her husband did not work on FTC matters and further, was a non-equity partner whose economic interests would not be affected by the outcome of the case.

Statistics Canada further reports,» These trends are not unique to Canada — manufacturing has been declining in most Organisation for Economic Co-operation and Development countries.

In many cities hard hit by the economic downturn, foreign - born buyers are finding value and preventing further market declines.

Additional declines of this magnitude would have further exacerbated the nation's economic woes.

Waning economic growth in many countries and higher home prices further enhanced by a strengthening U.S. dollar resulted in a slight decline in international sales dollar volume of U.S. property over the past year and a significant retreat in buying from non-resident foreigners.

«I think the market is getting so tight at this point that further declines in vacancy not supported by strong economic growth are just not going to be possible,» Victor Calanog, Reis Head of Research & Economics, said.