Picente said «This campus would bring with it up to 1200 new jobs, with salaries that are $ 80,000 and higher and will help address one of the key points raised by the State Comptroller on the mismatch between the economic recovery in downstate NY with the slow
pace of recovery in the Upstate economy».
The Committee now expects a somewhat
slower pace of recovery over coming quarters than it did at the time of the previous meeting and anticipates that the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate.
Five years after the onset of the global recession of 2008 — 2009, the
sluggish pace of recovery and worries over employment and financial security continue to weigh heavily on consumer sentiment in developed economies.
But the extreme volatility in the price of oil, not to mention other commodities, is doing serious long - term damage to the economy and goes a long way to explain the
halting pace of the recovery, say economists.
Overall, prospects for a turnaround in the eurozone and a more
rapid pace of recovery in the United States provide room for optimism in the coming months.
The apparent excess supply of housing stock in a number of areas, particularly outside the major capital cities, could act as a restraining influence on the
overall pace of recovery.
The historically slow
pace of recovery means Osborne has failed to meet his pledge to eliminate the deficit by the end of the parliament.
The slow
pace of recovery doesn't phase Regnante: she notes that eight years after Katrina, Louisiana is still coming back.
Colorado and its 2.7 million workers have seen a slow
pace of recovery so far, but conditions are expected to accelerate gradually.
Dhawan also predicted that the real gross domestic product will increase by 2.1 percent in the third quarter and that the economy will continue its moderate, yet steady,
pace of recovery in the fourth quarter with 2.3 percent growth.
«This ought not to be a big surprise, given
the pace of recovery we have seen and time horizon for the QE program, but it has nevertheless given euro bulls a reason to be more confident,» Neil Wilson, analyst at ETX Capital said in a note.
«Depending on
the pace of recovery for the U.S. refining industry post-Harvey, very soon OECD product stocks could fall to, or even below, the five - year level.»
The slower
the pace of a recovery, the longer it takes to absorb the economic slack created in the last recession — and the longer it takes to reach full capacity and ultimately the peak that signals the cycle's end, our analysis shows.
Economists expect
the pace of recovery quickened a bit in the second quarter but not by enough to put steady downward pressure on the jobless rate.
In the US,
the pace of recovery from the 2001 recession picked up markedly in the second half of 2003.
The major economies of continental Europe have been recovering from recession since 1994, but
the pace of recovery has been only moderate and, during 1996, proved insufficient to prevent unemployment rising from already high levels.
Signs that industrial production in the world's largest economy is improving are likely to comfort investors, but they will also paradoxically hope that
the pace of recovery isn't too robust.
There are some serious concerns about
the pace of the recovery in Europe, but we believe many European corporates paint a picture that belies the macroeconomic headlines.
Albany began restoring the money gradually in 2012, though many school administrators in Nassau and Suffolk counties complained
the pace of recovery was far too slow.
The other variables in gauging the storm's financial toll on New York State DiNapoli says will be
the pace of the recovery and the amount of support and aid provided by the federal government.
Gordon Brown's figures are up as well, but were gradually recovering from the slump that followed Tom Watson's resignation even before the conference, which doesn't seem to have speeded
the pace of his recovery.
Cuomo's own promotional video sought to address potential vulnerabilities, including
the pace of recovery from superstorm Sandy.
Now results from the study, published online by the journal Psychotherapy and Psychosomatics, show that online group therapy can be just as effective as face - to - face treatment, although
the pace of recovery may be slower.
The Committee continues to expect some pickup in
the pace of recovery over coming quarters but anticipates that the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate.
While these developments may slow
the pace of recovery because spending and credit makes our economy go, there will be long - term benefits if we get the balance right.
Allowing the injured partner to set
the pace of the recovery process is crucial to its success.
The question is
the pace of the recovery, especially on the demand side.
«There's still a huge amount of uncertainty because
the pace of recovery has been so uneven,» says Robert Bach, senior vice president and chief economist for Grubb & Ellis.
On balance, the residential housing market has been improving in recent months, but
the pace of recovery is partly restrained by frictions in the mortgage market.
«That said,
the pace of this recovery continues to be constrained by various hurdles, including a tough lending environment, inaccurate appraisals and more recently, rising prices on key building materials.»
«While the June HMI is in keeping with our forecast for gradually improving single - family home sales this year, recent economic reports that have shown some weakening in
the pace of recovery likely factored into the marginal gain,» said NAHB Chief Economist David Crowe.