He said the good news is that the economy is in no danger of a recession; however, this year will likely mark nine straight years
of subpar growth of less than the historical average of 3 percent.»
Bad decisions of the past must be grown out of, even if it takes a long time
of subpar growth to do that.
After more than four years
of subpar growth, global GDP hinges on the resilience of domestic demand in developed nations, the outlook for China and the impact of US monetary tightening on emerging markets.
Not exact matches
Indeed, a number
of forecasters are now predicting that the expansion, which began in 2009 and has remained
subpar ever since, might prove to be far more durable than the typical five - to - six - year
growth cycle, in part because
of the absence
of the traditional boom, then bust pattern.
By the middle
of February, banking industry stocks in both Europe and the U.S. had suffered double - digit price declines as investors fretted over ever - intensifying regulation and
subpar economic
growth.
Unfortunately, all her dedication, however admirable, can't make up for a
subpar, uninventive screenplay or a character arc that ties Lara's personal
growth to the resolution
of daddy issues.
At this point, dividend
growth is
subpar, but GE can earn its way out
of that problem.
In fact, it's very positive, relative to the past decade
of subpar GDP
growth.
Though the
growth among new homeowners is encouraging, their overall share
of the market is still
subpar, according to Yun.
The weak wage
growth is a consequence
of decade - long
subpar economic
growth.
Adds Yun, «With roughly 26 million more people in the U.S. 2 compared to the peak year
of home sales in 2005 (7.08 million), the pace
of existing sales would likely be more robust if not for the economy's
subpar growth since the downturn and wage gains that have failed to keep pace with rents and home prices.»
Too many would - be buyers have been locked out
of the market by the factors found in this study, and it's also one
of the biggest reasons why economic
growth has been
subpar in the current recovery.»
The
subpar growth reflects weak productivity
growth, which has averaged less than 1 % over the past five years, and a low rate
of labor force participation that remains at levels last seen in the 1970s.
«The commercial real estate sector is on the path to recovery, but
subpar economic
growth, lack
of financing available to small investors and the industry trend towards squeezing more employees into existing spaces will keep demand from meaningful acceleration,» Yun said in the NAR press release highlighting the report.
«Last year was the 11th year in a row
of subpar GDP
growth, but renewed corporate optimism leading to a focus on investment and a desperately needed boost in residential construction should pave the way for modest expansion this year
of around 2.4 percent,» he said.
«Last year was the 11th year in a row
of subpar GDP
growth, but renewed corporate optimism leading to a focus on investment and a desperately needed boost in residential construction should pave the way for modest expansion this year
of around 2.4 percent,» says Lawrence Yun, NAR chief economist.
Yun says their share
of purchases would be higher if not for the numerous obstacles they face: «Many Millennials have endured underemployment and
subpar wage
growth, and rising rents and repaying student debt have made it very difficult to save for a downpayment.