Sentences with phrase «of economist expectations»

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Traders also digested data showing that retail sales in Canada rose by 0.6 per cent in July to $ 40.3 billion, which was in line with the expectations of economists.
There are expectations that the new budget will not include a mention of the so - called «Brexit bill», an economist told CNBC Wednesday.
The official purchasing managers» index released today for November jumped to beat economists» expectations, while a measure of non-manufacturing sectors of construction and consumer services hit its highest mark since mid-2014.
The unusual speed of this legislative push is raising expectations among analysts and Wall Street economists for the bill's chances of passing.
Prior to the release economists had forecast 0.4 % growth, representing a slowdown from the 0.7 % figure seen in the final quarter of 2016, a number that beat all expectations.
According to the December jobs report, average hourly earnings grew by 2.9 %, a new post-crisis high and slightly beating the Bloomberg economists» consensus expectation of 2.8 %.
«The expectation of a rate hike... is widely held, and has been reinforced by the most recent round of Fed communications,» said Michael Feroli, an economist with J.P. Morgan.
TD economist Chris Jones ominously noted: «The last time such a large drop in consumer expectations occurred was in the immediate aftermath of the Lehman Brothers bankruptcy.»
Imports of energy products, the highest level since November 2014, helped boost the deficit past economists» $ 2 - billion expectation.
Dudley made his remarks after the U.S. economy added 126,000 jobs last month, well - below economists» expectations of about 250,000.
One of the most fortunate events in my life was to study under four brilliant economists at Stanford, who also formed my dissertation committee - Ronald McKinnon, an influential and original scholar in international economics; Thomas Sargent, a leading «rational expectations» theorist; John Taylor, also a «rational expectations» macroeconomist (currently serving in the Bush administration, and a leading candidate to succeed Alan Greenspan at the Fed, according to the Wall Street Journal), and Robert Hall, who heads the official Recession Dating Committee of the National Bureau of Economic Research.
The decision by the central bank's policy setting panel was in line with the expectations of markets and economists, who had given only low odds to governor Mark Carney removing a mild bias towards raising rates sometime.
On the prospect of recession, I'm reasonably well - known as one of the only economists who correctly warned in real - time of oncoming recessions in October 2000 and again in November 2007 — both points where the consensus of economic forecasters indicated no expectation of oncoming trouble at all.
Expectations of economists and pundits notwithstanding, interest rates are falling around the world.
This missed economists» expectations of a 0.3 per cent rise.
The report presents a highly optimistic view of the economy's current condition and future course, with growth predictions that exceed most nonpartisan economists» expectations.
At the beginning of August, economists lowered their expectations for third - quarter growth from 4.2 percent to 3.9 percent, says Bloomberg News.
Conference Board economist Lynn Franco said that the improvements in consumers» confidence and expectations about the future indicate that the recent strengthening in overall economic growth should continue in the second half of the year.
As a sign of how quickly the economy's prospects are changing (mainly as a result of the spike in oil prices) economists at Lehman Brothers lowered their growth expectations twice in the last three weeks.
The report matched economists» expectations and came after a revised decline of 1 % in January.
Consensus expectations from economists are for an unemployment rate (U3) of 4.1 % which is nearly unprecedented in...
Economists had expected a slightly stronger rebound, and the bounce is well short of expectations from earlier in the quarter.
«NAFTA comments are a bit of a reality check for BoC tightening expectations at least,» said Shaun Osborne, the chief economist at Bank of Nova Scotia in Toronto.
That was in line with expectations of economists surveyed by Dow Jones Newswires.
Sales increased 1.0 % in December, to an annual rate of 4.87 million, below economists» expectations, and the November sales pace was revised down to 4.82 million.
Recent surveys of financial market economists and union officials both point to a decline in inflation expectations over the past three months.
The Bank's quarterly survey of financial market economists suggests that near - term inflation expectations have changed little over recent months, with the median forecast for inflation over the year to June 2004 at 2.2 per cent in November, compared with 2.3 per cent in August.
Heading into Friday's Non Farm Payrolls (NFP) report for April, economists are expecting an increase in payrolls of 193K, which would be a big improvement from March's dismal reading of 103K, in what was the biggest NFP miss relative to expectations since the September 2017 report.
Economists in general have more faith in technologists than technologists have in their ability to meet the expectations of the eEconomists in general have more faith in technologists than technologists have in their ability to meet the expectations of the economistseconomists.
The Economist's Blighty blog is pessimistic about his chances of transforming expectations, however:
«The Bank is therefore caught between hiking rates to anchor inflation expectations, or leaving rates on hold to help prop up a fragile economy which faces the ramping - up of government spending cuts in coming months,» Markit's chief economist Chris Williamson said.
Remember when you said that «the euro is living up to the highest expectations of the economists who advocated it, and Britain is missing out.»
Economist Heather Boushey's new book Finding Time: The Economics of Work - Life Conflict «offer [s] a thorough, systematic, evidence - based case for a comprehensive package of institutional reforms» to address today's workplace expectations, which «have left millions of working Americans perpetually stressed, conflicted, economically insecure, and time - poor,» wrote Janet Gornick of the Graduate Center of the City University of New York in New York City in a review (subscription required) in this week's issue of Science.
«People should have a reasonable expectation of being able to practice their science if they're encouraged to become scientists,» says labor economist Michael Teitelbaum of the Alfred P. Sloan Foundation «It shouldn't be a guarantee, but they ought to have a reasonable prospect.»
In a brief mention of the work in a recent piece on the World Bank's new behavioral approaches to global development, The Economist took note of how such small policy tweaks — rooted in observation of how people actually behave, rather than in an expectation that they'll behave rationally — may change the way development policy is implemented and assessed.
A new study conducted by economists from SPA and Johns Hopkins University's Department of Economics found sweeping bias in teachers» expectations of black students.
Because of dampened performance expectations for both fixed income and equities over the next few years, economist Don Drummond says investors should lower their expectations.
More than 90 percent of economists polled a month earlier by Bloomberg had similar forecasts: slow growth with few expectations for a recession.
Still, the slowing construction sector and the tempered expectation for price appreciations in the housing resale market are taking a toll on investor outlook — and this is prompting leading economists to suggest an interest rate cut by the Bank of Canada at tomorrow's monetary policy announcement.
Vice President and Chief Economist, Frank Nothaft said, «Stronger than expected consumer confidence and recent comments from members of the Federal Reserve raised some inflation concerns in the market, causing it to lower expectations of a Federal rate cut this year.
The CPI of 1.51 % for the first two weeks of 2017 surprised economists — a Bloomberg survey found that economists» CPI expectations for this period ranged from 0.53 % to 1.46 % (see Exhibit 4).
Few economists were rushing to downgrade expectations of U.S. economic growth despite a lack of clarity around some of Trump's policies.
In recent years, the irrelevance of open market operations has also been argued (for slightly different reasons) by academic economists renown for their work in the theory of «rational expectations», including Thomas Sargent and John Muth.
The Economist ranked Otis College of Art and Design 6th among national universities in its 2015 ranking of the U.S. best colleges for «Value of Education» [5] based on sophisticated evaluation method and by alumni earnings above expectation.
Michael # 29, the classical economists of the 18th and 19th centuries (Adam Smith, David Ricardo, Thomas Malthus, John Stuart Mill) all wrestled with the problem of limits to growth and came up with scenarios for the human future ranging from extreme pessimism (Malthus) to optimism (John Stuart Mill's expectation that at a certain stage of economic development human society would cease to grow in material scale and reach a «stationary state» where the emphasis would be on qualitative human, social and cultural development.
Calculate cost of living salary expectation for 140 cities worldwide, using the cost of living indices from The Economist Intelligence Unit.
For the last several years consumers defied economists» expectations and kept raising their level of spending despite rising energy prices.
John Tuccillo, president of JTA Inc., Arlington, Va., and consulting economist for NAR, says, «Any slowdown is going to hurt because our expectations keep getting notched up.»
However, «the HMI gauge of future sales expectations has remained in the 70s, a sign that housing demand should continue to grow in 2018,» said Robert Dietz, chief economist of the NAHB, in the statement.
This week, the Conference Board announced that its index of consumer attitudes jumped to 76.2 from an upwardly revised 69 in April, topping economists» expectations for 71.
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