Not exact matches
«Our view has been that the boost to real incomes from lower energy prices — and its positive impact
on consumer spending — would offset the
drag from energy - related investment, resulting in gains for US GDP
growth on net,» Hui Shan and Zach Pandl said in their report.
Net exports have acted as a
drag on growth for two consecutive quarters.
In contrast,
net exports have been a significant
drag on growth, largely because of weak merchandise exports.
In contrast to strong domestic demand,
net exports have acted as a substantial
drag on GDP
growth over the past couple of years, although this
drag has begun to diminish.
The New Zealand economy continues to grow strongly, underpinned by strong domestic demand, while
net exports are still acting as a
drag on growth.
Because home equity typically makes up a substantial portion of a retiree's
net worth, it can arguably serve as a
drag on income,
net worth
growth and overall quality of life in retirement.
However,
net exports were weaker than projected and continued to exert a significant
drag on growth.
However,
net trade was likely an even bigger
drag on GDP
growth in Q1, which supports the consensus for a weaker rate of expansion in Q1 2018.