Sentences with phrase «modest pace of economic growth»

This reflects, in part, the modest pace of economic growth in Michigan and Kalamazoo.

Not exact matches

Information received since the Federal Open Market Committee met in July September indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year.

This modest growth path combined with the real GDP growth rate during the recovery from 2009 to this point of 2.2 percent annualized give credence to claims that the recovery's slow pace has become the «new normal,» according to Fannie Mae's Economic & Strategic Research Group.