The economy may be healthy enough for them to raise interest rates, but the new 0.5 percent to 0.75 percent target for the benchmark fed funds rate, up
a quarter point from where it had been, remains far below the historical norm — and, by all indications, the Fed still expects rates to stay low for at least a few more years.
Not exact matches
Cyran, the Reuters columnist,
pointed to quarterly mergers and acquisition (M&A) statistics
from PricewaterhouseCoopers, showing that Canadian M&A volumes retreated 21 % compared to the same
quarter last year.
The slowdown in business inventories trimmed 1.5 percentage
point from growth in the fourth
quarter and the reductions in defence spending cut another 1.3 percentage
point from growth.
More than one third of business owners said they expect to decrease capital spending in the year ahead, an increase of about 10 percentage
points from the previous
quarter.
From what your team knows at this
point, could you see yourself becoming one of our customers between now and, say, the end of this fiscal
quarter?
He does
point out that merchandising could take a bit of a hit in the next
quarter — it had to pull some of its products
from JC Penney shelves as part of the settlement — but it will rebound as it adds new offerings to stores.
The fourth
quarter reading also represents a 17 -
point decrease
from the first
quarter of 2015.
The index reading of 33 decreased three
points from the third
quarter and it decreased 10
points from the first
quarter.
Health care followed in second place with 17 percent of venture capital dollars, up two percentage
points from the first
quarter of 2014.
Harrison pushed CN's ratio down to about 67 % over his tenure
from a starting
point of 76 % (about where CP's ratio sat in the third
quarter of 2011).
Spirit Airlines had nickel and dimed me with extra fees to the
point where this flight was now more expensive than most, but the cramped
quarters, piercing glares
from the staff, and the weird vibe as I boarded were starting to make me wonder: Is this the worst airline ever?
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.
Similarly, 72 percent of business owners said they expect their financial situation 12 months
from now to be good, an increase of one percentage
point from the first
quarter; 11 percent said they expect their situation to be poor, a decrease of one percentage
point from the first
quarter.
For the
quarter, the index landed at 64, down three
points from the first
quarter of 2016 and flat with the second
quarter of 2015.
More importantly, 23 percent said they plan to add workers, a decrease of three percentage
points from the first
quarter; 9 percent said they planned to scale back on the number of workers they have, an increase of two percentage
points.
To underscore that
point, Porat said Alphabet's workforce at the end of its latest
quarter was 78,100, up 2,495
from the previous
quarter.
The service problems had dragged down sales by eight percentage
points in the
quarter, with three of those
points coming
from lost sales due to rep annoyance, Jung said.
That represents a five - percentage -
point increase
from the previous
quarter.
These fees can vary
from a
quarter of one percent (25 basis
points) to manage a stable portfolio of cash and bonds to a full percentage (100 basis
points) or more to manage a more active portfolio of small cap stocks.
But in the
quarter ending Dec. 31, which included the key holiday season, handbags costing $ 400 or more generated 50 % of sales, up 20 percentage
points from a year earlier.
Video ads accounted for 16 % of its clients» total second -
quarter ad spend; that's up three
points from the previous
quarter.
Mier's third -
quarter consumer sentiment index (CSI) hit a new low of 70.2, down
from the 71.7
points recorded in the preceding three months, as Malaysians realize that their money isn't going as far as it used to.
Sen. Joe Manchin of West Virginia, who is up for re-election in a state where 58 percent of voters approved of President Donald Trump during the first
quarter, now finds himself 1
point underwater — 43 percent approve, 44 percent disapprove — after a net slide of 17
points from fourth
quarter, the biggest decline of any senator during that period.
retained his spot atop the rankings after picking up 11
points from the previous
quarter — 72 percent of registered voters in the Green Mountain State approve of his job performance.
Sen. Bob Menendez (D - N.J.) also climbed out of the bottom 10 after a 12
point increase
from the previous
quarter.
Under Armour — Under Armour was upgraded to «hold»
from «sell» at Deutsche Bank, which said several factors
point to the athletic apparel maker achieving its current
quarter and full year earnings goals.
Check
Point Software Technology (NASDAQ: CHKP) shares haven't recovered
from the beating they took after the Halloween afternoon release of the company's third -
quarter results.
The increase in hiring by small businesses is an encouraging sign for the economy amid estimates that the 16 - day government shutdown could have sliced off as much as 0.6 percentage
point from fourth
quarter gross domestic product (GDP) growth.
Morgan Stanley's Delinquency Diffusion Index, an aggregate measurement of year - over-year increases in the delinquency of several types of personal loans, stood at 19.2 (on a 100 -
point scale) for the first
quarter of 2016, up
from its low in October, 2014, driven by increases in auto loan and credit card delinquencies in 2015 — but far below the 60 -
point threshold associated with a pre-recession state.
As a
point of comparison, Facebook generated $ 11.8 billion in ad sales in the first
quarter, up 50 percent
from the year prior.
As I
pointed out in October, Snap's total headcount had more than quadrupled
from the end of 2015 to the summer of 2017 (approximately 2,600 employees at the end of the second
quarter), as the company was in growth mode.
At the time, Mark Zandi, chief economist at Moody's Analytics, estimated higher oil prices had chopped 0.5 percentage
points from growth in the first
quarter.
Speaking by phone
from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate by a
quarter point to 0.25 percent next month, matching a record low set in 2009 during the global financial crisis.
The economic gains and market returns that emerged during the Reagan Administration began
from a starting
point of 10.8 % unemployment, a current account surplus, and market valuations that - on the most historically reliable measures - were less than one -
quarter of present levels.
The most recent GDP release is a case in
point: the drag induced by the drop in inventories subtracted more than two percentage
points from the annualized fourth
quarter GDP growth rate.
In a recent set of data released by research firm comScore for the second
quarter, RIM with its BlackBerry OS is revealed to have lost 1.6 percentage
points from its 12.3 percent share in the first
quarter of the year in the US.
is a case in
point: the drag induced by the drop in inventories subtracted more than two percentage
points from the annualized fourth
quarter GDP growth rate.
«MSCI estimates some $ 17 billion will flow into Chinese markets — both
from passive funds that automatically track its indexes and active fund managers — when the country's stocks are included a year
from now,» giving indexers something like a
quarter of a percentage
point of China's stock market, which is the second - biggest in the world behind America's.
Randy Hargrove, a Wal - Mart spokesman,
pointed to comments
from the third -
quarter earnings call when the company said while the holiday would be competitive, that it was committed to being the No. 1 retail destination.
«
From a marketplace perspective we're scaling fast, adding 8 million SKUs over the last three months alone,» said CEO Doug Mcmillon, adding that e-commerce contributed 50 basis
points to third
quarter U.S. comparable sales — its largest contribution yet.
To keep the economy on a sustainable path, I expect that it will be appropriate to remove monetary policy accommodation at a regular but gradual pace — and perhaps a bit faster than the three, one -
quarter point increases envisioned for this year in the assessment of appropriate policy
from the December 2017 FOMC meeting.
RBC's housing affordability measure for the benchmark detached bungalow in Canada's largest cities in the second
quarter of 2014 is as follows: Vancouver 81.8 (down 0.3 percentage
points from the previous
quarter); Toronto 55.9 (down 0.2 percentage
points); Montreal 37.3 (down 1.6 percentage
points); Ottawa 36.0 (down 0.4 percentage
points); Calgary 33.6 (down 0.8 percentage
points); Edmonton 31.7 (down 1.1 percentage
points).
This is a sharp improvement
from the 250 basis
points of unfavorability we reported in the first half of the fiscal year and approximately 175 basis
points of unfavorability in the third
quarter.
As we've discussed before, beginning in the third
quarter this year, Olive Garden began a transition in their promotion strategy: moving away
from advertising 1 or 2 new dishes, occasionally with a price
point, to featuring broader platform ideas that guests find more compelling.
The 370 - basis -
point improvement was primarily the result of lower commodity costs, as well as the positive impact
from Image Activation, and the sale of our lower margin Canadian restaurants in the second
quarter of 2015.
The company once again
pointed to China as an area of intense growth, with sales there nearly doubling
from year - ago levels and representing about half of total revenue for the
quarter.
Recent trade data
from the ONS
pointed to a slightly depressing net - trade number in the third
quarter, although surveys for export orders remained robust.
Nonetheless, it rose a full percentage
point from 34.3 % in the first
quarter a year ago — the fifth consecutive
quarter it has gone up on an annual basis.
Reuters cited «a disappointing outlook
from Cisco Systems (NASDAQ: CSCO)» as one of the factors weighing on the market this morning, but as I
pointed out in my review of Cisco's fiscal second -
quarter earnings, the outlook wasn't disappointing and today's decline in the stock looks like a buying opportunity for long - term, value - oriented investors.
Overall, these indicators
pointed to the likelihood of a modest slowdown in the contribution to growth
from consumers over the first
quarter — arguably, a welcome development, given consumers» outsized impact in the final
quarter of 2016.