Sentences with phrase «in real gross domestic product»
That increase in real gross domestic product by 3.5 per cent marked a rebound from a second - quarter contraction.
moneysense.ca
The September 1 Gross Domestic Product release will be the one that will let us know whether or not we are in a recession, at least by the semi-official definition of «a period of at least two consecutive quarters of negative growth in real gross domestic product for Canada, as reported by Statistics Canada under the Statistics Act.»
One of the few escape clauses is a recession, which the statute defines as «a period of at least two consecutive quarters of negative growth in real gross domestic product as reported by Statistics Canada under the Statistics Act.»
ISM said the April reading corresponds to a 2.9 % increase in real gross domestic product on an annualized basis.
The peak - to - trough decline in real gross domestic product (GDP), which was barely over 4 %, would have been close to a stunning 14 %;
The Bureau of Economic Analysis (BEA) reported that economy, as measured by growth in real gross domestic product (GDP) rose by 3.3 percent in the third quarter of 2017.
«The past relationship between the PMI ® and the overall economy indicates that the average PMI ® for January through October (52 percent) corresponds to a 2.8 percent increase in real gross domestic product (GDP) on an annualized basis.
If the deficit is due to an economic recession, defined as two consecutive quarters of negative growth in real gross domestic product, or to «extraordinary events», such as a natural disaster or war, that results in an «cost» of more than $ 3 billion, then the operating budgets of departments and agencies would be automatically frozen to pay for any wage increases.
It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
The Bureau of Economic Analysis (BEA) reported that the economy, as measured by growth in real gross domestic product (GDP), rose by 3.2 percent in the third quarter of 2017.