The damage and production shutdowns caused by the wildfire that razed Fort McMurray could subtract more than a percentage point from economic
growth in the second quarter, the central bank said.
After a winter of depressing economic data, strong
growth in the second quarter recently gave Americans some room for optimism.
According to mobile device management firm Zenprise, the fastest growing enterprise mobile app categories experienced triple - digit quarterly
growth in the second quarter.
Add to this the disappointing ISM report, weakening automobile sales and slightly lower - than - hoped - for GDP
growth in the second quarter, and it seems less and less likely we'll see more than one additional rate hike in 2017.
We estimate that the Alberta fires will reduce annualized
growth in the second quarter by about 1.00 to 1.25 percentage points.
The central bank's decision to raise interest rates on Sept. 6 was a nod to supercharged economic
growth in the second quarter.
Despite some arguments on Wednesday that the upward revision of
growth in the second quarter would table the Federal Reserve's plan for another round of quantitative easing, Bill Gross of PIMCO says it will happen regardless.
Paul Ashworth, chief U.S. economist at Capital Economics, said stronger
growth in the second quarter «should give Fed officials more confidence that the recovery is gathering steam as the fiscal drag begins to fade.»
World oil demand will rise less than previously thought in 2014, due to a lower outlook for the global economy and demand
growth in the second quarter falling to its lowest level in more than two years, the West's energy watchdog said Tuesday.
With Littelfuse blowing analyst estimates out of the water and providing guidance calling for continued organic revenue and earnings
growth in the second quarter, investors have no shortage of reasons to bid up the stock.
Blue Apron's customer count fell 15 % annually during the fourth quarter, compared to a 6 % decline in the third quarter and 23 %
growth in the second quarter.
Economic data in the United States have been a little more positive, showing, among other things, stronger - than - expected GDP
growth in the second quarter, improvements in business sentiment, a rise in capital goods orders and a small pick - up in industrial production in the past couple of months, though the performance of the labour market has so far remained disappointing.
New numbers due out on Friday are expected to show that
growth in the second quarter fell to 7.3 percent from the previous quarter's 8.1 percent, which is already a three - year low.
Improving exports, robust consumption and spending related to typhoon rehabilitation will ensure
growth in the second quarter and subsequent quarters will be better than...
European
growth in the second quarter was flat, and this quarter doesn't look as if it will fare much better.
MediaTek is expected to post more than 20 % sequential revenue
growth in the second quarter, with higher margins, driven by a pick - up in orders from its China - based handset clients, according to market watchers.
However, he said the positive Gross Domestic Product
growth in the second quarter was commendable, adding that if the upward trend was sustained in subsequent quarters, the impact on the livelihood of Nigerians and workers would be felt.
The New York State Association of Counties is concerned about sales tax revenue reports indicating negative
growth in the second quarter.
Published this week, the American Wind Energy Association's (AWEA) US Wind Industry Second Quarter 2016 Market Report, reveals strong
growth in the second quarter — a total of 310 MW installed during the second quarter, bringing the full - year's cumulative installed capacity up to 830 MW.
The shipments of tablets in the country registered a 107.4 % year - on - year
growth in the second quarter of 2013.
The tablet segment has seen robust
growth in the second quarter and guess what contributed to the success story the most?
While Poloz has projected strong
growth in the second quarter, he expects the composition of growth to shift from household spending to business investments and exports.
Canada's banks are witnessing «a more pronounced» slowdown in mortgage
growth in the second quarter, with a 0.19 percent growth since the start of the year, Scotia Capital analyst Sumit Malhotra said Wednesday in a note to clients.
Fed holds course toward higher interest rates — Zooming economic
growth in the second quarter didn't prompt the Federal Reserve to hasten its pace toward an interest rate hike in 2015... (See FOMC meeting July 30, 2014)
Van der Veer went on to claim that the «well - to - wheels» carbon footprint of Canadian tar sand extraction — in which Shell is heavily invested, seeing 74 % profit
growth in the second quarter of this year — was only 15 % higher than conventional sources of oil.
Qualcomm Earnings 2016 have reportedly shown a strong
growth in second quarter.
While Ripple had good
growth in the second quarter, the true surge happened in the last weeks of December, which saw the currency take the number two spot by market cap away from Ethereum.
Brazil, Latin America's largest economy, recorded 8.8 %
growth in the second quarter of 2010 compared with the same period a year ago.
The company, which operates mostly in the Southeast and some Western states, had 22 percent year - over-year revenue
growth in the second quarter and 30 percent annual growth in the quarter prior.
Not exact matches
Coach recently reported its fourth straight
quarter of North American comparable sales
growth; and total sales are on track to tick up for the
second year
in a row
in fiscal 2017, to $ 4.5 billion.
But up
in Canada,
growth in Prime Minister Justin Trudeau's economy surged to an annual rate of 4.5 percent
in the
second quarter, according to Statistics Canada.
The Bank of Canada couldn't ignore an annual
growth rate of 4.5 percent
in the
second quarter, which was much faster than expected: «That's kind of what data dependent looks like,» Lane said, repeating Governor Stephen Poloz's mantra that the newest information will guide policy.
Netflix's
second -
quarter subscriber
growth crushed its own forecast of 3.2 million, as the global streaming service signed up 5.2 million new members
in the period.
«Our
second quarter performance exceeded our expectations, driven by a return to
growth for Coach, sales gains at Stuart Weitzman and the contribution of Kate Spade as we continued to make progress on the brand's integration,» CEO Victor Luis said
in a statement.
Gross domestic product
growth was 7.5
in the
second quarter this year.
Growth in consumer spending, representing two - thirds of U.S. economic activity, slid to 1.1 percent rate in the first quarter, the slowest pace since the second quarter of 2013 and following the fourth quarter's robust 4.0 percent growth
Growth in consumer spending, representing two - thirds of U.S. economic activity, slid to 1.1 percent rate
in the first
quarter, the slowest pace since the
second quarter of 2013 and following the fourth
quarter's robust 4.0 percent
growthgrowth rate.
Indeed, as labour economist Jim Stanford recently pointed out, our GDP
growth fell behind six of the G7
in the
second and third
quarters of last year, beating only Italy with an average advance of 1.7 % during the six - month period.
A new report says the
growth rate of lending at smaller banks surpassed that of their larger peers
in the
second quarter.
Expectations had run high for Twitter since the messaging service, which for years had fought to revive
growth in users, surprised Wall Street
in the
second quarter by signing up 24 percent more people globally.
The company, which became the top PC vendor
in the
second quarter, wresting the lead from Lenovo, has now shown
growth in its global PC shipments for five straight
quarters.
Of all the items
in Walmart's (wmt) generally upbeat
second -
quarter results numbers, nothing must have come as a relief to company executives as much as the online sales
growth figure.
Much of that revenue
growth came from a dramatic increase
in sales of mobile advertisements, which accounted for 41 percent of the company's $ 1.6 billion
in ad revenue
in the
second quarter.
Still, the strong
growth for Adidas
in the
second quarter, which builds on a 21.8 % increase a year ago after two years of declines, implies the turnaround story has got some traction.
While the U.S. economy shrank a surprisingly sharp 2.9 %
in the first
quarter of 2014, the worst quarterly performance since the first
quarter of 2009, the economy is expected to improve drastically
in the
second quarter helped by better weather conditions, some pent - up demand after a harsh winter, and job
growth.
It's now predicting, however, the economy will rebound
in the
second quarter with 2.5 per cent
growth,
in part because of rising foreign demand.
Analysts are looking for revenue of $ 61 billion
in the fiscal
second quarter, or 15 % year - over-year
growth, according to data compiled by Bloomberg.
«The lower shipments suggest that Apple's Greater China revenues should be at the very least a significant drag on our overall estimate of 18 percent iPhone revenue
growth in the
second fiscal
quarter,» Kvaal added.
Without the revision, annualized RGDP
growth would have been -0.59 %
in the first
quarter and -0.73 %
in the
second.
It added 337,000 new customers
in the
second quarter, with strong
growth in both TV and broadband and its highest numbers of new customers
in its biggest UK and Ireland market for 10 years.
In terms of data, in the U.K., private consumption growth eased further than expected in the second quarter of this yea
In terms of data,
in the U.K., private consumption growth eased further than expected in the second quarter of this yea
in the U.K., private consumption
growth eased further than expected
in the second quarter of this yea
in the
second quarter of this year.