Chair Yellen, with
real growth over the recovery a little slower than we thought, output gaps and job market slack still on the scene, prices appearing to decelerate and wages / compensation revealing little in the way of threatening pressures, try as I might — and I repeat, I'm solidly in your camp — I don't see the rationale for tightening, even a little.
Without increasing the tax share of output, 1 per cent
real growth over the next 40 years will yield an inflation - adjusted increase in tax revenue per capita of about 50 per cent.
Not exact matches
For year
over year GDP
growth, «
real GDP» is usually used, as it gives a more accurate view of the economy.
If the bulls are right, EPS would grow 8.5 points faster than the economy (assuming 2.5 %
real annual GDP
growth plus 2 % inflation) for the next ten years, hitting
over 16 % of national income by 2028.
When you purchase a broad swath of equities, say an S&P 500 index fund, the returns you can expect
over the next decade or so comprise four building blocks: the starting dividend yield, projected
growth in
real earnings per share, expected inflation, and the expected change in «valuation» — that is, the expansion or contraction in the price / earnings (P / E) multiple.
Lack of
real income
growth and falling interest rates
over a generation have led to more borrowing, which points to a world of trouble tomorrow.
«They've led to a
real step up in
growth all
over the country.»
«If workers» earnings grow in line with the OBR's forecast, we project that
real median income
growth will be close to zero
over the next two years, before picking up after 2018 - 19,» the Institute for Fiscal Studies said in a report published on Thursday,
They find «the average
real GDP
growth rate for countries carrying a public debt - to - GDP ratio of
over 90 percent is actually 2.2 percent, not -0.1 percent as [Reinhart - Rogoff claim].»
CAP assumes annual wage
growth matches the mean effect of experience and nonexperience on
real wages measured in the NLSY data assuming full - time, full - year employment, and reports the cumulative difference between the no - leave earnings profile and the leave earnings profile
over time.
According to a recent Morgan Stanley Research report, U.S. commercial
real - estate pricing in 2017 could drop by as much as 10 %, year
over year, amid slowing revenue
growth, rising interest rates and tightening lending conditions.
Our conversion scales
over time, bringing
real business
growth.
There are a number of countries — China not least among them — whose prospective rates of productivity
growth over the decades ahead will surely mean a substantial increase in their
real exchange rate.
This growing interest in India is not surprising; with average
real annual
growth of 8.75 per cent
over the 2003 to 2007 period, India is emerging as an economic heavyweight in the region.
A «
real budget «would put aside optics and ideology and undertake a review the government's fiscal policy and ask how it could be adjusted to strengthen economic
growth and job creation, while maintaining a sustainable fiscal structure
over the medium term.
Another huge problem is due to globalization; the US worker is now competing with labor all
over the world — hard to realize and
real wage
growth.
The result is very low long term
real rates, sluggish
growth expectations, concerns about the ability even
over the fairly long term to get inflation to average 2 percent, and a sense that the Fed and the world's major central banks will not be able to normalize financial conditions in the foreseeable future.
Combining the plausible ranges of employment and productivity
growth in the coming years (but ignoring the possibility of outright recession), the bounds of average U.S. economic
growth over the coming 8 years range between 0.7 % annually to an extremely optimistic 3.2 % annually, with a likely midpoint of less than 2 % annually for
real GDP.
Finally, if we assume a sustained explosion in productivity
growth to 2.8 % annually, joining the highest quintile of historical U.S. productivity
growth rates for any 8 - year period, and assuming an unemployment rate of just 4 % in 2024, the result would still be
real U.S. GDP
growth averaging just 3.2 % annually
over the next 8 years.
The primary determinants of GDP
growth over time are 1)
growth in total employment plus 2)
growth in
real output per hours worked.
The new government is targeting
real growth of more than an average 2 per cent
over the next decade.
Maybe you're at the helm of a rapidly growing startup and need to find enough space to put all of your new hires
over the next couple years, or you're the global
real estate director for an established company looking to expand your campus size to support decades of
growth.
We believe this advantaged position
over Google, the company's only
real competitor, justifies our forecasts for revenue and EPS (earnings per share)
growth of 25 % and 44 % respectively for FY (fiscal year) 2015.
Year -
over year
growth in
real GDP,
real gross domestic income, durable goods orders,
real retail sales, industrial production and other measures are all down to levels typically observed at the beginning of recessions.
Homeownership tends to encourage spending on durable goods and hence its depressed levels could explain why
real U.S. consumption
growth over 2011 - 2017 has been much weaker (by about half a percentage point annualized every quarter) than the pre-recession average.
Blockchain could also facilitate the
growth of services such as AirBnB where people can exchange
real estate assets for monetary value
over a short term.
But the IMF forecasts better
growth in 2016, and even its forecast for global GDP
growth of
over 3 % this year is still not far off long - term trends, with annual
real GDP
growth hovering around 3.5 % throughout the mid-1980s and again in the mid-1990s, according to the IMF Data Mapper.
Over the year to the March quarter,
real output
growth again exceeded 4 per cent, and indicators point to further strong
growth in the June quarter.
With populist frustration increasingly pressuring policy change around the world, investors should expect labor, tax, and interest expense to rise faster than sales, thereby depressing profit margins and slowing
real growth in earnings per share
over the decades ahead.
But you'll have to do that many times
over to generate any kind of
real cash
growth, and you'll still have the issue of negative cash flow reducing your potential profit the longer you own a property.
Previous analysis illustrated that inflation compensation has returned as reasonable measure of inflation expectations
over a 10 year period while both the economy's potential
growth and the changing size of the Fed's balance sheet influence the
real yield.
This is a picture of a
real trader's account balance
growth over 5 years.
National accounts data show that
growth in
real household consumption in the second half of 2003 was 7 per cent on an annualised basis, the strongest pace in
over 20 years.
United Kingdom The recovery of the UK economy continued in 2015 but slowed from 0.7 %
real GDP
growth per quarter in 2014 to just
over 0.5 % per quarter in 2015.
Gordon is likely right that
over the next several years, the
growth in the potential output of the American economy and in the
real wages of American workers will be quite slow.
With
over 20 years» experience, Carrie specialises in providing effective total solutions for
real estate and media, and has created sustainable business
growth with better consumer and customer experiences for Century21, Knight Frank, JLL, Colliers, CBRE, Henderson Land Development, Sun Hung Kai Properties, Sino Group, and more.
Based on other measures of economic activity there have almost certainly been 12 - month periods
over the past 10 years when China's economy shrank in
real terms, but during these periods China's government still reported
growth of around 7 %.
Over time, as the US Dollar continues to depreciate, it will bring higher inflation, lower
real growth rates and a reduced standard of living for most American wage earners.
That's five times the
growth we saw in gross domestic product
over the same stretch, and 25 times the increase in profits... The
real issue is what happens in 2019 when the one - time lift [from the tax cut] fades.
Annual China - sourced outbound flows to commercial
real estate experienced a compound annual
growth rate of 72 % to reach
over $ 10 billion for the year 2014.
Growth in U.S.
real GDP would fall 2.7 %
over the three years that follow a vote, with a corresponding decline of 13.1 % in U.S. equities and a contraction of 0.53 % on the yields in U.S. corporate bonds.
Output expanded by 1.0 per cent in the June quarter, with
growth in
real GDP now running at 3.0 per cent
over the year.
Over the first half of 1998 retail trade has shown almost no net increase in
real terms, following the strong
growth recorded in the second half of 1997.
Over the year to the March quarter,
real output increased by a little under 5 per cent, and
growth in the non-farm economy was somewhat stronger than that.
Not once have we yet been able to achieve 4 % annualized
real growth in any one quarter — a record
over the history of US GDP data
At an aggregate level, business investment grew by 21 per cent in
real terms
over the year to the December quarter, with
growth strong in both the equipment and construction components.
Real GDP is 1.8 per cent higher
over the year to the September quarter (Graph 6), and more timely indicators point to further
growth in the December quarter.
Strong job
growth over the last year or so will bring more home buyers into the
real estate market, and this in turn will boost local home prices during 2016.
Historically, that has entailed about 3.2 %
real growth and just
over 3 % inflation.
And with the yuan now at an all - time high in
real effective terms according to latest data from the Bank of International Settlements, it will be a tall order for exporters to increase
growth over the coming years.