Sentences with phrase «in weak export»

Not exact matches

Statistics Canada reported December 6 that imports slumped in October, while exports remained weak.
Even the somewhat weak loonie hasn't spurred much growth in Canada's export sector.
But for Poloz, that would be attacking a symptom of the post-crisis malaise, rather than the cause, which in his view is weak exports and business spending.
With the domestic economy too weak to maintain China's high growth rates, and with exports to the West hurting, the Communist Party in Beijing and its regional offshoots have come to rely heavily on cheap exports and debt - fuelled investment to sustain China's fragile fortunes.
U.S. coal exports to Asia have also risen in recent months as ailing U.S. mining companies search for alternatives to the weak domestic market.
Canada's weak export picture had been a constant source of concern for Stephen Poloz in recent years (reminder: before he was the Governor, Poloz was the head of Export Development Caexport picture had been a constant source of concern for Stephen Poloz in recent years (reminder: before he was the Governor, Poloz was the head of Export Development CaExport Development Canada).
«The disappointing performance in export activity suggests that the loss of export competitiveness from the strong dollar and the weak global backdrop are becoming a net drag on U.S. economic activity,» said Millan Mulraine, deputy chief economist at TD Securities in New York.
That would be bad news for the torrid earnings growth being enjoyed by US companies, since the large multinational corporations with heavy weighting in stock indexes have had exports boosted by a weak currency.
A weaker dollar makes exports more profitable, which helps companies doing business overseas — most notably the multinational conglomerates with big weightings in stock indexes.
Poloz insisted the trend he anticipated in 2013 — a steady increase in non-commodity exports buttressed by stronger demand in the U.S. and a weaker dollar — was now entrenched.
The export bounce is, at face value, a sign that China's modest economic revival is intact and suggestive of global demand being on the mend, but imports were surprisingly weak, falling 15.2 percent from a year earlier to 13 - month lows and highlighting vulnerability lurking in the domestic economy.
The recent move in the currency has also been welcomed by Japan's exporters, which have suffered from strength in the yen which they had blamed for weak exports.
While a weaker yuan can hurt U.S. multinational companies» exports, growth in China has been largely infrastructure driven, which draws in commodities but not consumer goods, said McCaughan, whose firm manages nearly $ 343 billion in assets.
In July, when the Bank of Canada cut its policy to its current setting of 0.5 %, policy makers expressed concern over weak non-energy exports and a deep contraction in business investment brought on by the collapse of commodity priceIn July, when the Bank of Canada cut its policy to its current setting of 0.5 %, policy makers expressed concern over weak non-energy exports and a deep contraction in business investment brought on by the collapse of commodity pricein business investment brought on by the collapse of commodity prices.
A weak GBP could make the auto maker cost - competitive and efficient in most of the markets it exports to, including China, which is critical both in terms of profitability and volumes, he said.
China's surprise decision to revalue the yuan as it tried to contain the stock market turmoil caused the currency to drop the most in 21 years last month, triggering exchange - rate declines elsewhere in the emerging world on concern that a weaker yuan will hurt countries exporting to China.
Meanwhile, exports and investment are still weaker than one would expect at this stage of the business cycle, even though growth in the global economy has also surprised on the upside.
However, domestic demand in Europe and Japan — important export markets for the United States — remains very weak.
Because Canada's relatively weak export performance has been a central aspect of our economic situation, the Bank of Canada has examined it in increasing detail.
The real issue that was not addressed in the budget is the absence of any economic engine to spur a recovery in growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export sector is weak and deteriorating.
The weaker dollar supports U.S. export growth, which in turn has helped bolster corporate earnings.
The three main downside risks to inflation in Canada relate to the European crisis, weaker demand for Canadian exports and the possibility that growth in Canadian household spending could be weaker.
Beijing is more likely to believe that the economic slowdown was caused by been weakness in domestic real estate and infrastructure construction, and not because exports are weak, and the latest trade dataconfirms the relatively strong export performance.
Plus, the effect of a weaker sterling has been beneficial in a few ways, with consumer price inflation increasing, manufacturing and export levels also on the rise.
In general, a weaker U.S. dollar tends to help emerging markets, particularly oil - exporting countries.
Nevertheless I do worry that the fall in exports from a strong dollar is a bit stronger than the rise in exports from a weak dollar: I suspect because there is a hysteresis effect: Once a factory is shut down, it stays shut down — and if firms don't continuously invest to stay at the cutting edge of technology, it can be hard for a high - wage advanced economy to stay globally competitive.
Even after a drop in commodities this month, seven of eight tracked by the Standard & Poor's GSCI Agriculture Index are higher than a year earlier as adverse weather damages crops, rising demand erodes inventories and a weak dollar boosts demand for U.S. exports.
If these inflows however are counterbalanced by rising private inflows from Chinese businesses and wealthy individuals taking money out of China, either because of weaker domestic growth prospects of because of rising nervousness and uncertainty, asset prices might not fall as much as we would have expected, but Australia will be caught in a vice a little like that of, for example, Spain, in which export weakness can not be partially counterbalanced by a weaker currency.
A weak Yen and a strong RMB pose a problem for China because Japan is its largest trading partner in the region at 7 % of total exports.
Also, the US economy was quite weak in the first half of the year in dimensions that are important to Canadian export demand.
The downward revision reflects further downgrades of business investment plans in the energy sector, as well as weaker - than - expected exports of non-energy commodities and non-commodities.
As the Canadian economy contends with softer than expected exports, weak business investment and effects of the Alberta wildfires, real GDP growth in 2016 is forecast to be 1.4 per cent...
2015.10.28 Exporting represents golden growth opportunity for small - and medium - sized businesses in Canada: RBC Economics A weaker Canadian dollar, lower energy prices and stronger growth in key export markets are creating opportunities for small businesses to reap the benefits of exporting...
2016.06.10 Canadian economic activity erratic through 2016: RBC Economics As the Canadian economy contends with softer than expected exports, weak business investment and effects of the Alberta wildfires, real GDP growth in 2016 is forecast to be 1.4 per cent...
With crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crude.
Economic growth in the UK was broadly supported by consumer confidence and exports reinforced by a weaker pound sterling, with the easing of credit conditions leading to credit growth, loose fiscal policy and global economic growth.
It was the weakest in nine years, as tight monetary conditions have crimped industrial activity and export growth slips amid waning demand from U.S. and European markets.
The surplus in goods trade with the U.S. was the smallest since the third quarter of 2016, as weaker prices decreased the value of oil exports.
Domestic demand growth was noticeably weaker in the quarter, following very strong growth through 1999, while the contribution to growth from net exports picked up.
In addition to a weaker euro, which helps fuel its export - oriented economy, the cost of financing its sovereign debt relative to its existing debt continues to fall while the smaller countries struggle with rising financing costs.
In contrast, net exports have been a significant drag on growth, largely because of weak merchandise exports.
The weak export performance seen since 2000 has reflected subdued performance in all major categories of exports.
Growth in Australia's export volumes has remained weak over the past year or so, despite strong growth in global demand and world commodity prices, with total exports virtually unchanged from four years ago (Graph 31).
Of these weaker data points to which Poloz makes note, the most concerning are the drop in non-energy exports, anemic wage growth and a disappointing jobs market.
The Greenback is recovering the bulk of last week's losses, with the Euro weaker despite German IP and Exports better than expected, and Euro Unemployment coming in at 7 year lows — Sterling falls to October Lows on Article 50 headers — Turkey's Lira fresh record low on Moody's, Peso eyeballing lows into Auto Show Headers.
Even Germany's economy grew only 0.3 % last quarter, or 1.3 % annualized, as weak demand in Europe and patchy global growth hit its exports.
«Overall growth in China is evolving broadly as envisaged, but with a faster - than - expected slowdown in imports and exports, in part reflecting weaker investment and manufacturing activity,» the IMF said.
While a weaker Yuan helps exporting sectors, it causes problems in China's domestic economy.
Analysts speculated that Fortescue's weak export rate in October and November may be linked to the Chinese shutdowns and the middle kingdom's growing preference for iron ore with higher grades than Fortescue typically produces.
Despite a strong dollar and weak exports, manufacturing activity will benefit from improved domestic demand, and further gains in construction activity will aid the recovery of states such as California and Arizona.
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