Sentences with phrase «quarters of economic growth»

The budget showed federal government revenues in the coming year would be $ 3.4 billion lower than anticipated just four months ago, reflecting the weakest two quarters of economic growth since the 2008 - 09 recession and a steep discount on Western Canadian oil prices.
Let's start with the cold facts: three straight quarters of economic growth.

Not exact matches

«Against modest economic growth of 2 percent, we had one of the strongest quarters in our history,» said Chief Executive Officer Brian Moynihan said.
Singapore downgraded its forecasts on economic growth and exports for 2016 after confirming a contraction in output in the third quarter, raising the risk of a recession amid fresh uncertainty around global trade under U.S. President - elect Donald Trump.
Chinese economic growth met expectations during the September quarter, maintaining the familiar pattern seen in each of the past ten GDP reports.
Economists at Macroeconomic Advisers boosted their forecast for fourth - quarter economic growth by three - tenths of a percentage point to an annualized rate of 2.4 percent, on the «unexpected strength» in consumer spending.
«If you look at seasonality of [economic] growth, the first quarter has been weak for seven or eight straight years,» says Rick Rieder of BlackRock.
The National Bureau of Economic Research, which officially makes the call on whether the US economy is in recession, has its own criteria, but technicalities aside, few people will argue with a characterization of the US economy as being «in recession» if we see two straight quarters of negative growth.
Growth in consumer spending, representing two - thirds of U.S. economic activity, slid to 1.1 percent rate in the first quarter, the slowest pace since the second quarter of 2013 and following the fourth quarter's robust 4.0 percent growthGrowth in consumer spending, representing two - thirds of U.S. economic activity, slid to 1.1 percent rate in the first quarter, the slowest pace since the second quarter of 2013 and following the fourth quarter's robust 4.0 percent growthgrowth rate.
It was also the fastest rate of growth since the third quarter of 2014, and pundits are already declaring the headline number as good news for Hillary Clinton, who is running a campaign that promises a continuation of President Barack Obama» economic policies.
The last time the U.S. went through a partial government paralysis in 1995 - 1996 — for roughly three weeks in two separate instances — economic growth slowed by a quarter of a percentage point during the last three months of 1995.
Since then, the unemployment rate has fallen to a 16 - year low of 4.3 % and economic growth appears to have reaccelerated following a lackluster first quarter.
Oil prices have been unusually volatile over the last week, so predicting third quarter economic growth is a bit of a fool's errand when we don't have a good feel on what the rest of the third quarter will bring for oil prices (and what we do know is not good).
BlackRock says this decline in labor participation is partly responsible for a corresponding decline in economic growth, accounting for roughly a quarter of the variation in growth of GDP.
After a winter of depressing economic data, strong growth in the second quarter recently gave Americans some room for optimism.
Global mergers and acquisitions had their strongest start ever in the first quarter of 2018, totaling $ 1.2 trillion in value, as U.S. tax reform and faster economic growth in Europe unleashed many companies» dealmaking instincts.
Some consider two straight quarters of negative economic growth to be the definition of a recession.
We've not had a quarter in this country of over 3 % economic growth since 2008, since the crisis.
Exports have been picking up here too recently, and were the main contributor to economic growth in the first quarter of this year.
In the first quarter of 2015, US economic growth was a paltry 0.6 %.
Brazil went even further, announcing a range of monetary and fiscal measures to reinvigorate economic growth that, in the latest quarter, sagged to just 0.3 %.
Economists are expecting US economic growth to drop sharply in the just - ended 4 th quarter, rebounding through the first half of the year until it begins to expand in the 3 rd quarter of this year.
The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.
The economic picture is strong: We've had 2 back - to - back quarters of around 3 % GDP growth, and for the first time in a long while we're seeing synchronous growth among developed nations.
Despite steady economic growth, the US stock market suffered through five quarters of earnings recession, in which S&P 500 earnings fell year - on - year due to falling oil prices and a strong US Dollar, returning to growth in the third quarter of 2016.
If the deficit is due to an economic recession, defined as two consecutive quarters of negative growth in real gross domestic product, or to «extraordinary events», such as a natural disaster or war, that results in an «cost» of more than $ 3 billion, then the operating budgets of departments and agencies would be automatically frozen to pay for any wage increases.
China's economic growth ticked down to 7.7 percent in the first quarter, falling short of market expectations and suggesting a tepid rebound for the economy.
The uncertain state of the eurozone economy may become clearer on Wednesday when the European Union statistics office releases an estimate of its economic growth in the first quarter.
The move comes less than a week after the latest data for economic growth showed an impressive expansion of 4.5 per cent for Canada in the second quarter.
In terms of moderating growth in the first quarter, it's worth noting that economic growth can often be complicated by seasonality adjustment issues.
The U.S. Commerce Department's Bureau of Economic Analysis today released its first estimate of gross domestic product (GDP) growth for the third quarter of 2013.
On Friday March 2nd, Statistics Canada released its first estimate for economic growth for the fourth quarter of 2011 and for the calendar year as a whole.
The Minister of Finance met with his private sector economic advisory group on March 5th to get their views on the National Accounts outcome for the fourth quarter of 2011 and what this meant for the final outcome for 2011 and for growth in 2012.
Prime Minister Datuk Seri Najib Razak announced today that Malaysia has recorded a 6.2 per cent growth in GDP in the third quarter of this year, an achievement that proves that the country's economic management is on track.
HOUSTON --(BUSINESS WIRE)-- Although small business owners are slowly proceeding with growth plans in 2011, 40 percent are now delaying their expectations of an economic rebound to the first quarter of 2012 or later, according to the most recent Business Confidence Survey released today by Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions to America's best businesses.
Other data last week showed that while U.S. economic growth slowed to an annualized rate of 2.3 percent in the first quarter, wages and salaries shot up 0.9 percent during the same period.
This marks the fourth consecutive quarter of nominal increases and was the fastest pace of yearly growth since 2006, Bureau of Economic Analysis data show.
Advance estimates released by the Bureau of Economic Analysis report on Friday showed that the U.S. economy slowed more than expected in the fourth quarter, rendering the annual GDP growth...
The report showed a less widely tracked measure of economic growth, gross domestic income, increased 4.4 % in the fourth quarter and 2.6 % in the third.
In contrast, Germany has been one of the weakest economies in the region, recording no growth in the June quarter, although there are a number of indications that economic conditions are now improving.
After the first quarter's negative economic growth, the increase in employment has fed through into some spending indicators and to a real estate recovery, with the S&P / Case - Shiller index of home values in 20 cities rising 4.9 % from a year earlier in April.
In my weekly commentary, I go over some of the reasons behind that skid: fears over global economic growth, a poor retail sales report in the U.S. and an uneven start to the fourth - quarter corporate earnings season.
Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.
Eurostat stated that eurozone unemployment was 10.9 % in July, the first time it fell below 11 % since February 2012, while a range of leading indicators (such as the Markit composite purchasing managers» index, the European Commission's Economic Sentiment Index and money supply data) suggest growth has continued apace in the third quarter.
By the second quarter of 1952, the price increases had petered out as it became clear that the Korean War would not spread into a worldwide conflict and with the sharp slowdown in economic growth recorded in that year.
The latest moves coincide with signs that China's annual economic growth may dip below 7 % in the third quarter for the first time since the global financial crisis, marking a slowdown in one of the world's main engines of economic expansion in recent years.
After relatively lacklustre growth for the first three quarters of 2004 (with the notable exception of the Australian market), global equity markets rose strongly in the December quarter, in part reflecting renewed confidence about the strength of the economic recovery in the US (Graph 20, Table 5).
Today's surprise hike of the central bank's overnight lending rate to 1.0 per cent comes less than a week after the latest data for economic growth showed an impressive expansion of 4.5 per cent for Canada in the second quarter.
Economic growth fell to a five - year low of 7.3 percent last quarter but investor sentiment was recharged by Beijing's surprise interest rate cut Nov. 22 that is expected to put a floor under the slump.
Economic growth fell to a five - year low of 7.3 percent in the latest quarter but investor sentiment was recharged by Beijing's surprise interest rate cut Nov. 22 that is expected to put a floor under the slump.
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