The damage and production shutdowns caused by the wildfire that razed Fort McMurray could subtract more than a percentage
point from economic growth in the second quarter, the central bank said.
Not exact matches
From his
point of view, earnings
growth for the year will be moderate and a choppier stock market could hurt the stock, which is sensitive to
economic ups and downs.
Recent
economic data
point to some
growth firming, inflation remains hard to find and long - term rates are up by barely 10 basis
points (bps)
from where they started the year, according to data accessible via Bloomberg.
Data
from China's National Bureau of Statistics showed the consumer price index rose 3.2 percent in February
from a year ago, versus expectations of a 3.0 percent rise, while annual industrial production (IP)
growth in January and February combined at 9.9 percent was the lowest since October 2012 - the starting
point of China's nascent
economic recovery.
We expect the tax bill to offer moderate
economic stimulus — various estimates suggest it could add 0.3 to 0.4
points to real GDP
growth annually — primarily through increased corporate investment in response to the higher after - tax return on investment resulting
from the lower 21 % corporate tax rate.
And our BlackRock GPS, which combines traditional
economic indicators with big data signals such as Internet searches, still
points to above - trend
growth as the global economy transitions
from catchup to steady expansion.
China has managed to meet the GDP
growth target of 6.7 percent, the level of
economic activity presumably needed to keep unemployment
from rising, only by increasing total debt by a frightening amount equal to a 40 — 45 percentage
points of GDP.
As my colleague Dylan Matthews
points out, it's a bit of a strange argument, because even if a new NAFTA boosted US
economic growth, funds for the wall would still come
from US taxpayers.
Central bank policymakers also
pointed to «solid rates» of
growth in consumer spending and business investment, while eliminating a reference
from their previous statement warning a global
economic slowdown could sap U.S.
economic strength.
Conservative spokesmen have
pointed to the «trickling down» of the benefits of
economic growth as the ultimate solution to racial problems; they have at times seemed to court the support of segregationist elements; and they remain at this late date without a positive program of action aimed at narrowing the yawning chasm separating the black poor
from the rest of the nation.
A United Nations report released Sunday said that governments must act faster to keep global warming in check and that a radical shift
from fossil fuels to low - carbon energy such as wind, solar or nuclear power would shave only about 0.06 of a percentage
point a year off world
economic growth.
Announcing the measures, Clegg is expected to highlight his party's plans to protect education spending for those aged between two and 19 in real terms until 2017 - 18,
from which
point the Lib Dems would increase spending in line with
economic growth.
In his final monthly report for 2014, David Bakkegaard Karsbøl sees the potential for European
economic growth to improve fairly rapidly
from its current low
point, with signs of improved competitiveness for European companies.
One - year returns do not mean that this fund - or the Brazilian economy, for that matter - will repeat that same performance this year or at any
point in the future, but it does illustrate the potential for explosive
growth in certain international markets as recovery
from the global
economic crisis continues.
This week started off with a proclamation
from the IMF that U.S. and global
economic growth is actually expected to be weaker; the IMF economists dropped the projected
growth to 3.4 %, down 200 basis
points from their October forecast.
When the Heartland Institute held its gathering in New York City last year celebrating climate skepticism, Exxon Mobil made a
point of saying it had stopped contributing money to that group, explaining that it did not want to support groups «whose position on climate change could divert attention
from the important discussion about how the world will secure the energy required for
economic growth in an environmentally responsible manner.»
Change a single decimal
point on one of the hundreds of interrelated ecological or
economic inputs — faster - than - expected emissions
from China, melting tundra, diminished albedo, slower rates of deforestation, faster
economic growth — and voila!
Eventually, Obama out -
pointed Nixon: big deficits, high unemployment, low
economic growth, support
from and support for select big donors, perversion of IRS, etc..
Even a
point or two knocked off worldwide
economic growth means hundreds of trillions of dollars in lost annual GDP a century
from now (2 %
growth yields a world economy of $ 450 trillion in a century.
New EPA Chief Scott Pruitt and the rest of the Trump
economic team need to recognize that the RSF
point of obligation and the ethanol mandate tax actually represent a net loss to the economy, subtracting
from growth.
According to an
economic analysis within Sunday's report, an investment to stop climate change will only knock 0.06 percentage
points off the world's annualized
economic growth rate
from now till the end of the century.
The Sticking
Point Solution: 9 Ways to Move Your Business
from Stagnation to Stunning
Growth in Tough
Economic Times by Jay Abraham
«The data
from the past month collectively
point to decelerating
economic growth, but
growth nonetheless,» says Fannie Mae Chief Economist Doug Duncan.
This modest
growth path combined with the real GDP
growth rate during the recovery
from 2009 to this
point of 2.2 percent annualized give credence to claims that the recovery's slow pace has become the «new normal,» according to Fannie Mae's
Economic & Strategic Research Group.