Sentences with phrase «real gross domestic product»
That increase in real gross domestic product by 3.5 per cent marked a rebound from a second - quarter contraction.
moneysense.ca
Were the economy growing at historical rates — an expansion of real gross domestic product (GDP) of about 3 percent — these interest rates would produce home sales at record rates.
Real gross domestic product began to contract steadily in the third quarter of 2008.
For 2018, it's now predicting two per cent growth, as measured by real gross domestic product, compared to its 2.2 per cent prediction in January.
The September 1 Gross Domestic Product release will be the one that will let us know whether or not we are in a recession, at least by the semi-official definition of «a period of at least two consecutive quarters of negative growth in real gross domestic product for Canada, as reported by Statistics Canada under the Statistics Act.»
OTTAWA — The Canadian economy contracted in March for a second consecutive month as real gross domestic product grew at a slower - than - expected pace for the first three months of the year.
Real gross domestic product grew at just 1.6 percent annually from 2001 to 2011, and the Treasury assumes a future growth rate of 2.1 percent.
The CPTPP raises real Gross Domestic Product (GDP) for the parties as a group by about 0.075 per cent, generating economic welfare benefits of about $ 17.5 B in current Canadian dollars by 2035.
But the September data for GDP by industry was very troubling as real gross domestic product fell 0.5 % following three consecutive monthly increases, primarily as a result of declines in mining, quarrying and oil and gas extraction and, to a lesser extent, manufacturing weakness.»
ISM said the April reading corresponds to a 2.9 % increase in real gross domestic product on an annualized basis.
RBC Economics expects real gross domestic product (GDP) to grow by 3.1 per cent in 2017 and 2.2 per cent in 2018.
Fourth - quarter real gross domestic product (GDP)-- which was released today — came in at a solid 2.6 % growth.
Real gross domestic product rose 0.6 per cent in the first month of the year, boosted by manufacturing, retail trade and the oil and gas sector, Statistics Canada reported Thursday.
Canadian growth exceeded the bank's expectations and it now predicts real gross domestic product will expand at an annual rate of 2.6 per cent in 2017 — up from its January forecast of 2.1 per cent.
The federal agency said real gross domestic product fell at an annualized rate of 1.6 per cent in the three - month period, due in large part to the wildfires that destroyed parts of Fort McMurray, Alta.
All of this will likely pull 2020 — 2021 growth forward, adding as much as 0.75 % to annual real gross domestic product growth over the near term, by our estimates, alongside an uptick in cyclical inflation driven by accelerating wage growth.
My main point was that real Gross Domestic Product covers increases in production in the US, adjusted for price changes, whereas real Gross Domestic Purchases covers the increase in purchasing power for the average consumer in the US.
Economic activity indicators, including real gross domestic product (GDP), industrial shipments, and consumption, are reduced relative to baseline under the Clean Power Plan.
Although real gross domestic product (GDP) increased 1.5 % over that period, other factors contributing to energy - related CO2 emissions more than offset the growth in GDP, leading to a 1.7 % decline in energy - related CO2.»
In its second estimate, the Bureau of Economic Analysis (BEA) reported that the nation's economy, measured by real gross domestic product (GDP), grew by 2.5 percent in the fourth quarter of 2017 on a seasonally adjusted annual rate basis.
The country's real gross domestic product for the first quarter shrank by 0.6 per cent at an annualized rate.
The growth rate of real gross domestic product (GDP) measured by the U.S. Bureau of Economic Analysis (BEA) is a key metric of the pace of economic activity.
One of the few escape clauses is a recession, which the statute defines as «a period of at least two consecutive quarters of negative growth in real gross domestic product as reported by Statistics Canada under the Statistics Act.»
Statistics Canada said Tuesday the country's real gross domestic product grew at an annualized rate of 2.3 per cent during the three - month period that ended in September.
The PBO also predicted the federal government's forthcoming carbon price tax would lower the country's real gross domestic product by 0.5 per cent, or $ 10 billion, in 2022.
The RBC forecast calls for real Gross Domestic Product (GDP) growth of 3.7 per cent (annualized) in the third quarter of 2016 as rebuilding takes place in Alberta, followed by a slower 1.9 per cent gain in the fourth quarter.
Inflation has been boosted by the stabilization of energy prices, consecutive years of 2 % (and above) real gross domestic product (GDP) growth and the continued rise of wage inflation.
The peak - to - trough decline in real gross domestic product (GDP), which was barely over 4 %, would have been close to a stunning 14 %;
The list includes: real gross domestic product (GDP); GDP inflation, nominal GDP, 3 - month treasury bill rate, 10 - year government bond rate, exchange rate (US cents / C $), unemployment rate, consumer price index, and U.S. real GDP growth.
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.
Real gross domestic product (GDP) is currently projected by the Finance Department to increase by 2.4 % in 2014, compared to 1.7 % in 2013.
In fact, real gross domestic product (GDP) grew just 1.7 percent in 2012, below the 2.2 percent rate of the preceding two years.
Real gross domestic product (GDP) in the euro area points to broad - based growth, with the ECB projecting real annual GDP to rise by 2.2 percent in 2017, then 1.8 and 1.7 percent in 2018 and 2019 correspondingly.
The country economic variables they consider are: (1) interest rates; real Gross Domestic Product (GDP) growth; real money growth (from currency in circulation); and, real exchange rates.
Growth of China's real Gross Domestic Product (GDP), a measure of its economic output adjusted for changing prices, has slowed to its weakest rate in 25 years — from a high of 14.3 percent in 1992 to 6.9 percent in 2015.
According to the «advance» estimate released this Friday by the Bureau of Economic Analysis, the real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018, which is higher than the market expectations of 2.0 percent.
That number registered well below the federal budget's projection that real gross domestic product would grow by 1.2 per cent over the first three months of 2015.
The private sector economists are surveyed for only a selective number of aggregate economic and financial indicators: real gross domestic product (GDP) growth; GDP inflation, nominal GDP;, the 3 - month treasury bill rate;, the 10 - year government bond rate;, the unemployment rate; the, consumer price index; the exchange rate (US cents / Cdn $); and finally, and U.S. real GDP growth.
Chart 1 shows the respective levels for real gross domestic product in the US and Canada since their trough in Q2 2007.
In its first or «advance» estimate, the Bureau of Economic Analysis (BEA), reported that the nation's economy, as measured by real gross domestic product (GDP), rose by 2.3 percent on a seasonally adjusted annual rate basis in the first quarter of 2018.
Mubasher: Bahrain's real gross domestic product (GDP) increased by 3.9 % in 2017, with the non-oil economy expanding by 5 %, making it the fastest growing country in the GCC, according to the latest data published on Bahrain Economic Quarterly...
«The past relationship between the PMI ® and the overall economy indicates that the average PMI ® for January through October (52 percent) corresponds to a 2.8 percent increase in real gross domestic product (GDP) on an annualized basis.
It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
Inflation has been boosted by the stabilization of energy prices, consecutive years of 2 % (and above) real gross domestic product (GDP) growth and the continued rise of wage inflation.
The bank forecasts growth, as measured by real gross domestic product, to slow from its exceptionally robust level of 3.1 per cent this year to 2.1 per cent in 2018 and 1.5 per cent in 2019.
For 2017, it's now predicting three per cent growth, as measured by real gross domestic product, compared with its 3.1 per cent prediction in October.