A report out today commissioned by the The Entertainment Software Association (ESA) finds that the video game industry outpaced
overall economic growth in the U.S. by four times over a three year period (09 - 12).
Commerce Department data released Friday showed lower - than - hoped -
for overall economic growth for the first quarter: an annualized 2.3 % compared with the Trump administration's aspirational 3 % target.
«Builders are excited about the pro-business political climate that will strengthen the housing market and
support overall economic growth,» said Randy Noel, chairman of the NAHB, in a statement.
«The already challenged restaurant industry has been hit with
slowing overall economic growth and the gap between the cost of dining at home compared to dining out,» Dine Equity CEO Julia Stewart said in a call with investors in November.
Private estimates of the negative impact of the new housing measures
on overall economic growth vary, but most expect the contractionary effect to be roughly a 30 - to - 50 basis point reduction in growth over the next twelve months.
If residential investment — which encompasses all direct spending on residential real estate construction and activity — returns to its 1997 level over the next two years, then housing will boost
overall economic growth by 0.5 percentage points in 2013 and 2014,» Stiff continues.
According to the report, the macroeconomic outlook for 2013 is another year of only modest improvement in employment and consumer spending,
with overall economic growth held back by slower growth of business investment and a bigger decline in federal government spending.
The rebounding housing market still isn't contributing much to
overall economic growth as new construction of single - family homes remains near levels typical of the recession of the early 1990s, The Wall Street Journal reports.
Yet according to estimates from RBC, not one of the Atlantic provinces this year is expected to match or exceed Canada's
overall economic growth rate.
But he said it should be about the same as last year, when consumption's contribution to
overall economic growth rose above half for the first time, reaching 51.2 per cent.
The report saw investors slash expectations for a rate hike from the Bank of England at its upcoming meeting next week
after overall economic growth slowed to near stagnation in the first quarter.
As construction has been highlighted by government as essential for recovery, the decline is severely harming prospects for the sector as well as
constraining overall economic growth.»
The bank, however, remained cautious about the developments, though it does expect the negative factors hurting the resource sector to gradually fade, with their impact on
overall economic growth expected to diminish through 2016.
Point is, doing a «like - for - like» replacement (subbing solar for coal, for example) and paying more for it is a decrease in productivity, and thus would tend to
decrease overall economic growth.
RFI's return to positive contributions to GDP growth should provide the additional boost that has been missing until recently in the recovery and
bring overall economic growth to more robust levels in 2013 and beyond.
Year - over-year increases in both building permits and projected housing starts are encouraging news, as they hint toward
continued overall economic growth during the second quarter of 2018.
«Builders are excited about the pro-business political climate that will strengthen the housing market and
support overall economic growth,» said NAHB chairman Randy Noel, a custom home builder from LaPlace, La..
This behavior has slowed the pace
of overall economic growth, but it has also prevented the excesses that have led to corrections in the past.
Overall economic growth in emerging markets began ramping up last year and has now «leveled off at around 4 %,» according to a June report from the research company Capital Economics.
For decades, the I - 81 viaduct has hindered the region's
overall economic growth by cutting off downtown Syracuse from University Hill and preventing development in a high - value area.
Second, insofar as the sequester is acting as a cap
on overall economic growth, it is, in some measure, putting a lid on private sector hiring as well.
In addition,
overall economic growth has slowed, as just earlier this month the IMF cut the 2016 Global Economic Growth Outlook 0.2 percent from its projection issued in January.
The combination of a recovering U.S. economy and the more competitive currency are showing early signs of a bounce in exports, a trend that is needed to continue in the year ahead for
overall economic growth to accelerate.»
Despite the exemptions, nearly two - thirds of the 40 survey respondents, including economists, fund managers and strategists, see the president's trade policies as negative for
overall economic growth, with 23 percent saying it's too soon to tell.
Historically, the relative performance of utilities has been negatively correlated with long - term interest rates, and a reprieve is likely underway given the meltdown in inflation expectations and risks to
overall economic growth.
«A successful guest worker program will help alleviate the current labor shortage in the residential construction sector, quicken the rebuilding efforts in Texas and support
the overall economic growth of this nation,» said NAHB Chairman Granger MacDonald in a press release.
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.
Bank of Canada Governor Mark Carney told CTV recently that this strong pace of business investment is «crucial» to maintaining Canada's
overall economic growth.
«Considering the upside potential for business and
overall economic growth, there is an opportunity for small - and mid-sized businesses to think beyond Canadian borders again if they aren't already.»
One is that the primary goal of development is
overall economic growth.
There are other views of the summum bonum of a society or a nation than
overall economic growth.
This runs counter to orthodox neo-liberal teaching which holds that any economic policy is good if it makes for
overall economic growth.
Most Christians agree that transnational trade enables goods to be produced more efficiently and that this leads to
overall economic growth.
Kathryn Wylde, head of the Partnership for New York City, a business group, said the order is unlikely to impact the city's
overall economic growth, but warned prospective commercial tenants might shy away from leasing space in subsidized buildings.
These raised wages would be reflected in
overall economic growth, as workers would most likely spend their new wages on needs or expenses they had been previously unable to afford.
Overall, the labor force in New York dropped by 78,000 workers, which some experts say could limit prospects for
overall economic growth.
However, he said,
the overall economic growth across the sub-region, had not been inclusive to expand job creation opportunities, while unemployment among the youth had been rising with insufficient growth to reduce poverty levels.