StatsCan found that although the underground economy has grown since the last estimates in 1992, it did so at a slower
pace than the overall economy.
Not exact matches
That was less
than the third quarter's 4.1 %
pace, but
overall the final six months of the year delivered the strongest second half since 2003, when the
economy was thriving.
The
overall growth of the
economy trudged ahead at 3 percent in the first quarter of 2010, and was at a much slower
pace than the 5.7 percent
pace enjoyed in the fourth quarter of last year.
Houston's economic recovery is happening at a slow
pace, but any near - term improvement in its office market has less to do with the energy sector
than growth in other industries and
overall confidence in the
economy, according Kevin Roberts, president of Southwest operations with real estate services firm Transwestern.