Sentences with phrase «per cent of the economy»

Starting in 2017, Alberta will apply a $ 20 - a-tonne price on carbon emissions that will cover about 90 per cent of the economy, including essentials such as gasoline and home heating fuel.

A map from the pro-market American Enterprise Institute shows international trade counts for more than 10 per cent of the economy in numerous states with Senate races this fall including: Arizona, Texas, Nevada, Indiana, Tennessee, Michigan, Washington, Montana and North Dakota, among others.

There we can see the sharp drop in oil and gas output, which constitutes 10 per cent of our economy, and the slowdown in non-energy commodity production, which represents a further 8 per cent.

Back then, total taxes and fees as a percentage of GDP never rose above 38.1 per cent of the economy.

«Tourism accounts for 10 per cent of our economy and employs three million people, with nearly half of those jobs taken up by young people.

Back then, total taxes and fees as a percentage of GDP never rose above 38.1 per cent of the economy.

The organisation went on to add that tourism in Greece makes up 18 per cent of the economy, accounting for one in five jobs.

Not exact matches

The economy grew at an annual rate of 0.4 per cent in the October - December quarter, the Commerce Department said Thursday.

Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate of around three per cent for nearly a year is too weak to absorb interest rates that still are near record lows.

Analysts think the economy is growing at a rate of around 2.5 per cent in the current January - March quarter, which ends this week.

The 0.4 per cent growth rate for the gross domestic product, the economy's total output of goods and services, was the weakest quarterly performance in almost two years and followed a much faster 3.1 per cent increase in the third quarter.

For all of 2012, the economy grew 2.2 per cent after a 1.8 per cent increase in 2011 and a 2.4 per cent advance in 2010.

Retail, not mining, has borne the brunt of the slowdown in Western Australia during the past 12 months, with a study of the state's economy by the investment bank Goldman Sachs revealing a startling decline in retail jobs of more than 20 per cent.

Seventy - five per cent of local businesses and 56 per cent of consumers believe the economy will deteriorate over the course of the new financial year.

Meanwhile, the central bank's own forecast pegs GDP growth at 2.6 per cent this year, which makes Canada one of the fastest growing economies in the developed world.

Perhaps more importantly, if we take his new statements literally he is now predicting that installation of a Tory government will immediately cause the economy to grow at an absurd 10 per cent per year, 5 times the current rate by implementing only three - tenths of the Million Jobs Plan.

This group of occupations has an unemployment rate of just over 1 per cent and wages that are «rising by an average annual rate of 3.9 per cent — more than double the rate seen in the economy as a whole.»

That's equal to roughly 20 per cent of this country's economy.

But his «safe hands on the economy» message cut through in the end, with the coalition winning a majority of seats in 1998 despite Labor winning 51 per cent of the two - party vote.

Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»

«2015 was another mediocre year for the Canadian economy, growing by only 1 per cent in 2015 after a technical recession in the first half of the year.

The weakest aspect of Canada's economy this year was the feeble performance of private investment, projected by the Conference Board of Canada to contract by nearly 8 per cent compared to 2014 levels.

The Liberals sold the first of their infrastructure program by saying that the money, $ 11.3 billion of which was committed on a cash basis between April 2016 and this Saturday, would grow the economy by 0.2 per cent in the first 12 - months and then by 0.4 per cent in the ensuing 12 months.

It's an important question, and one that could go some way toward explaining why GDP growth has averaged just 1.4 per cent in developed economies since 2010, compared to an average of 3.6 per cent between 1985 and 2007.

It's now predicting, however, the economy will rebound in the second quarter with 2.5 per cent growth, in part because of rising foreign demand.

«The main message, though, is that the exciting growth from the middle of 2016 up until the middle of 2017 is now truly in the past, and the economy is back to the drudgery of slogging out something closer to potential of around two per cent,» Porter wrote in a note to clients.

A poll of 1,000 Texans last year for Texas Lyceum found 43 per cent of respondents saying NAFTA has been good for the Texas economy and just 24 per cent saying it was bad.

Coffee consumption in the world's second biggest economy is still well below that of Europe and the US, and market researcher Euromonitor predicts that retail sales volume of fresh coffee will post a compound annual growth rate of 17 per cent in China.

It predicts that the economy will grow just 2 per cent to 2.3 per cent this year, down from its forecast in June of 2.3 per cent to 2.6 per cent growth.

A joint study estimated bilateral trade will increase by about 20 per cent, resulting in a $ 12 billion boost to the Canadian economy and the creation of about 80,000 new jobs.

However, fresh data released Friday showed the U.S. economy shrank in the first quarter, contracting at an annual rate of 0.7 per cent.

Inflation averaged just 1.6 per cent last year, and the economy entered a soft spot in the second half that spilled over into the early part of 2018.

The bank had predicted the economy to expand by 2.5 per cent in the first three months of the year.

Exports have never been a big part of the U.S. economy, they make up 10 per cent of GDP, less than half the slice of the pie they account for in Canada.

The Bank's three measures of core inflation remain below two per cent and wage growth is still subdued, consistent with ongoing excess capacity in the economy.

Excluding both the farm and the mining sectors, where output is essentially supply determined, growth of the rest of the economy is projected to be slightly lower, dipping to 2 1/2 per cent this year.

1) Less than five per cent of Canada's economy is likely to experience significant competitive pressures from differences in jurisdictional carbon prices.

The package includes a plan to phase out coal - fired electricity generation by 2030, a commitment to generate 30 per cent of Alberta's electricity from renewable sources by 2030, new financing for energy efficiency, and an economy - wide price on carbon pollution.

Small business accounts for 97 per cent of all enterprises in the APEC economies, and 66 per cent of people in the ASEAN region view entrepreneurship as a positive career choice (surpassing the global average of 62.5 %).

It is not surprising therefore that growth of the economy over the latest year for which data are available was 2.6 per cent, or an annualised rate of 3 per cent for the latest half - year.

If the Conservative government wants to stabilize the debt - to - GDP ratio at 25 per cent, then at that ratio, the government must run a permanent and growing structural deficit that will result in the government's debt increasing at the same rate of growth as the economy.

Between this year and last, the province's economy is 94 per cent of what it was in 2014.

Core inflation has been lower than expected in recent months... Core inflation is expected to increase gradually over coming quarters, reaching 2 per cent by the middle of 2013 as the economy gradually absorbs the current small degree of slack, the growth of labour compensation remains moderate and inflation expectations stay well anchored.

For the year ahead, i.e. 2002/03, we are forecasting the economy to continue growing at 3 1/2 to 4 per cent as it completes the eleventh year of its expansion and enters the twelfth.

A recent report by the Conference Board of Canada estimates that, based on the pace of the Canadian economy (and ignoring factors that are constraining our maneuvering space on monetary policy, such as the situation in Europe and the Fed's interest rate target), our key interest rate right now should be 2.5 per cent.

In a document generally positive about the current global economy, but flashing warning signs of potential trouble ahead, Tuesday's IMF World Economic Outlook foresees growth in Canada of 2.1 per cent this year and two per cent next year.

In 2011, the National Roundtable on the Economy and the Environment calculated that the cost of climate change for Canada could grow to between $ 21 to $ 43 billion a year by 2050 — roughly one per cent of GDP that year.

But Carney has scant room to drop the Bank of Canada's benchmark rate, already just one per cent, to boost the economy.

At the onset of the Asian crisis, the Australian economy was growing at around trend rates, with domestic demand beginning to accelerate, and underlying inflation at 1.6 per cent.

«The TPP will provide increased and privileged market access for Canadian exports, services and investments in one of the world's most dynamic economic regions, which represents nearly 40 per cent of the world's economy,» said Iain Black, President and CEO of The Vancouver Board of Trade.