Sentences with phrase «of weak economic conditions»

Despite of weak economic conditions and job losses, Canadians have been paying down their mortgages very consistently.

Not exact matches

Regardless of economic conditions, having a broad social network with weak ties to friends is advantageous when friends are likely to move away.

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 economicEconomic 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 economiceconomic growth.

In contrast, Germany has been one of the weakest economies in the region, recording no growth in the June quarter, although there are a number of indications that economic conditions are now improving.

Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.

Conditions have also contributed to a declaration from the International Monetary Fund's (IMF's) managing director, Christine Lagarde, that global economic growth this year is likely to be weaker than the IMF's July forecast of 3.3 %.

Given an absence of inflationary pressures and weak economic conditions, the ECB cut its key policy rate by 50 basis points to 2 per cent in June.

Lower interest rates reduced revenue, weak economic conditions produced higher credit losses, and market turmoil caused significant write - downs of securities.

Mohamed Ali Beyhum, executive general manager of BankMed, a leading bank in Lebanon, says: «Despite a relatively weak year for global economic conditions and another discouraging performance for the global investment banking industry, which saw revenues fall to a three - year low, 2012 proved to be a relatively healthy year for the Middle East investment banking industry.»

«The lack of spending by Canada's oil and gas sector, and weak economic conditions abroad, made October a very tough month for Canada's manufacturing sector.

«Due to the dire economic and financial conditions of New York State and the very weak ratings of incumbent State Comptroller Tom DiNapoli, as long as he has sufficient resources to get his message out, Harry Wilson is very likely to win this election,» pollster John McLaughlin wrote in the memo, which was forwarded by Wilson's campaign manager Chapin Fay.

Although the economic outlook has improved modestly since the March meeting, partly reflecting some easing of financial market conditions, economic activity is likely to remain weak for a time.

In particular, the Committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.

The report makes the most of countries» commitments and a possible global agreement, while ignoring the soaring emissions from China and failing to recognise that the lower emissions growth in a number of countries is primarily due to weak economic conditions.

Here's one more reason why the final US climate bill really ought to be significantly strengthened: Climate Progress has done a bit of number - crunching of the EIA's Short Term Energy Outlook and finds that as it stands now, by the end of 2009 the US will already be halfway towards the emission reductions stipulated in ACES: The EIA projections say that by the end of 2009, United States» emissions will fall 6 %, due to «weak economic conditions and declines in the consumption of most fossil fuels.»

«Although confidence remains weak, consumers» assessment of current conditions gained ground for the seventh straight month, a sign that the economic recovery continues.»

While vacancy rates were on the decline over the past year (from 5.60 per cent in the fourth quarter of 2007 to 4.50 per cent in 2008) and rents continued to escalate ($ 21.36 to $ 22.90 per sq. ft. for the same period), softening demand due to weak economic conditions and the expected supply of several million square feet of new office space will pose challenges for some of the prestigious towers in Toronto's financial district during 2009 and 2010.