Sentences with phrase «in nominal terms in»

A tax - cutting Conservative, he left the government on track to balance its books by 2015 after running up the largest deficit in history in nominal terms in his fight against the 2008 - 09 recession.

Not exact matches

Comments: «S&P 500 sales, which are measured in nominal terms, will rise by 4.4 % in 2013 and 4.7 % in 2014.

Of course, the nominal gains for luxury homeowners are likely to be higher in absolute dollar terms.

On Monday, the fund said its portfolio return was 5.1 percent per annum in U.S. dollar nominal terms over the five years to March 31, 2017, helped by the run - up in global financial assets, versus 3.7 percent a year ago.

By secular reflation, we mean at least a decade in which short - and long - term interest rates stay habitually below nominal GDP growth and high grade bonds are not really bonds any more: delivering trend returns that are close to zero or even negative.

Even in nominal terms — ignoring inflation — IRS funding this year is $ 900 million or 8 percent below its 2010 level.

The spread on the nominal less inflation - indexed rates for both the five - and 10 - year maturities remains above 2.0 % — a sign that the crowd expects that hard data on inflation will hold at or above the Fed's target in the near term.

The decline in nominal GDP is about twice as large over the medium term than that used in the Government's latest Update.

Table 3 shows the changes in the average private sector economic forecasts for nominal GDP (the most applicable tax base for budgetary revenues), and for short - and long - term interest rates, from the first estimate of the deficit to the final outcome.

This phenomenon means that, in nominal terms, wages tend not to adjust downward when economic conditions are poor.

They include upwards revisions in economic forecasts, expectation of monetary tightening, rising real and nominal long - term interest rates, fiscal stimulus on a huge scale in a full employment economy, rising protectionism that should choke off import flows, and tax reform directed at reducing capital outflows and increasing capital inflows.

In virtually all cases, the portfolio grew in nominal value, and it usually grew in real value over the 50 year terIn virtually all cases, the portfolio grew in nominal value, and it usually grew in real value over the 50 year terin nominal value, and it usually grew in real value over the 50 year terin real value over the 50 year term.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

The worst drawdown in nominal percent terms was just -8.9 % in the 22nd year, but at that point you're talking about a $ 245,000 decline.

Nevertheless the long term uptrend in nominal prices is subject to countless recurring seasonal patterns.

The largest annual loss in long bonds is ony around 15 % in nominal terms.

Russian corporate profits rose by 38 % last year, but investment by only 4.5 % in nominal terms and fell 0,9 % in real terms.

Based on IMF (International Monetary Fund) stats, Canada is placed at 17th in terms of nominal gross domestic product (GDP) constructed on purchasing power parity (PPP).

In contrast, medium - term inflation expectations implied by financial market prices, which are calculated as the difference between nominal and indexed bond yields, have been broadly stable at around 2.6 per cent over the past nine months.

According to the ABS Capital Expenditure Survey, firms expect to increase spending on machinery and equipment investment in nominal terms by only 1 1/2 per cent in 2000/01, once average realisation ratios are applied.

Medium - term inflation expectations of financial market participants, as implied by the difference between nominal and indexed bond yields, have risen to around 3 per cent in October, from less than 2 per cent at the beginning of the year.

Interest rates of intermediaries in Australia remain historically low, both in real and nominal terms, and by international standards (Table 7).

In the broadest terms, experts say, proximity to markets and skill clusters will matter more to business over time, and the nominal cost of an hour of labor will matter less.

According to NIA, after the dot - com bubble had burst, the NYSE margin debt in nominal terms rose from its low of $ 130.21 billion in 2002 to a high of $ 381.37 billion in 2007 — that is a rise of 193 %.

In short, the investor of 2000 should feel robbed in «real» terms, despite a «nominal» rise in the Dow of 6.4 percenIn short, the investor of 2000 should feel robbed in «real» terms, despite a «nominal» rise in the Dow of 6.4 percenin «real» terms, despite a «nominal» rise in the Dow of 6.4 percenin the Dow of 6.4 percent!

In that case the economy would need to slow two full percentage points, to a nominal growth rate of 3.6 %, to match the longer - term average.

But of course cash won't fall in nominal terms, either.

Your scenario 1 is precisely what you'd do to work out the real return of equities if their results were reported in nominal terms.

Our model indicates that going forward, long - term yields will likely be subject to three upward pressures: (1) Our forecasted increase in inflation will boost nominal GDP growth; (2) As forward guidance is replaced by a data - dependent monetary tightening, volatility in short rates will increase; and (3) As the impact of QE on the Treasury market fades, long - term yields will trend back to their historical link with nominal GDP growth.

In the years immediately following these problems, credit outstanding grew more slowly than nominal GDP and, in a number of countries, fell in absolute terms as businesses and financial institutions sought to correct the excessive debt positions built up during the 1980In the years immediately following these problems, credit outstanding grew more slowly than nominal GDP and, in a number of countries, fell in absolute terms as businesses and financial institutions sought to correct the excessive debt positions built up during the 1980in a number of countries, fell in absolute terms as businesses and financial institutions sought to correct the excessive debt positions built up during the 1980in absolute terms as businesses and financial institutions sought to correct the excessive debt positions built up during the 1980s.

For expenditure on machinery and equipment, growth of around 2 per cent is expected in nominal terms.

When savings are high, the term premium is more likely to be low, in the process keeping nominal yields down.

I leave them fixed in nominal dollar terms, adjusting for when clients add or remove assets.

What exactly do you see playing out in terms of negative nominal interest rates or just negative real interest rates with rising inflation?

In terms of the real economy, the simple answer is faster nominal growth.

Graham Summers: I think we'll see actual negative interest rates meaning the interest rate is in the negative like negative three in nominal terms.

TD Economics» view of the medium term is much more pessimistic, and in our view more credible, and its forecast of nominal GDP would have resulted in revenues being lower by $ 10 billion in 2015 - 16, with the result that there would still have been a deficit in 2015 - 16 rather than a surplus.

During this period, a smoothed average of nominal growth explains almost 60 % of the variation in long - term rates (see the chart below).

Nominal equity returns in high single digits don't get it done when your cost of capital is in the teens, but even more revealing is looking at the zombie banks in terms of risk - adjusted return on capital or RAROC.

Based on average realisation ratios, the survey would imply only moderate growth in nominal terms for the year, and roughly flat equipment investment in real terms.

Personally, regardless of nominal dollar tapering or otherwise, I expect the Fed to be quite the dovish bunch in terms of commentary.

The June quarter ABS capital expenditure (Capex) survey points to solid growth of machinery and equipment investment in real terms in 2003/04, although in nominal terms, investment is expected to fall by 3 per cent (assuming a five - year average realisation ratio), reflecting lower prices for investment goods.

After an extended period in which the economy contracted in nominal terms, nominal GDP also rose slightly over the year (Graph 4).

I should note that in each of these models, we're assuming a long - term growth rate for cyclically - adjusted earnings, revenues, dividends, nominal GDP and so forth of about 6.3 % annually.

Together, just these five countries together hold 66 % of the world's debt in nominal terms — good for a total of $ 41.6 trillion.

They are at an all time high, around two - and - a-half times higher in nominal terms than they were during the late 1990s, our last real boom.

(It's a bit similar to the «are stocks expensive» issue: they look expensive in nominal earnings yield terms, but not when seen as a spread over risk free.)

Coming to wage growth, the average annual weekly earnings of employees in nominal terms (not adjusted for inflation) increased by 2.2 percent with bonuses and 2.1 percent excluding bonuses.

In between were secular bear markets: 1966 to 1982, when the Dow went nowhere in nominal terms, but after inflation it lost about 75 percent of its valuIn between were secular bear markets: 1966 to 1982, when the Dow went nowhere in nominal terms, but after inflation it lost about 75 percent of its valuin nominal terms, but after inflation it lost about 75 percent of its value.

For the higher - income $ 100,000 per year spenders who rely on portfolio withdrawals for a bigger portion of their retirement, these distributions would also decrease in nominal terms over these two decades, assuming Social Security benefits were $ 40,000 with 2 percent inflation.