Sentences with phrase «record high household»

While Canada's record high household debt makes the economy more vulnerable, the bank's cautious approach is helping to manage the risks, Poloz said.

Not exact matches

By borrowing: the country's household debt to personal disposable income ratio has climbed to a record high of 152.98 %, according to Statistics Canada.

In its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus between excessive housing prices in many cities and record levels of household debt.

«The record levels of households reflect the significantly higher values of all asset classes post-recession,» Spectrem Group president George Walper, Jr., said in a press release, «and the recent record level of the United States markets following the presidential election has added demonstrably to the asset level of most affluent investors.»

With the rate of home ownership now close to 70 %, and with household debt at a record high, much of the financial health of Canadian households is inextricably linked to home values, making it the kind of dominant concern that not only affects household finances, but consumer psychology and confidence.

In the third quarter, the ratio of household debt to disposable income rose to another record high of 165 %, nearing the peak of U.S. borrowing prior to the financial crisis.

In Canada, household debt has reached an average that's approaching 150 % of disposable income, a record high.

Announcing the report findings, commissioner for census and statistics Leslie Tang Wai - kong pointed out that the Gini coefficient - an index from 0 to 1 that measures the wealth gap - for households rose by 0.002 from 0.537 in 2011 to a record high of 0.539 last year.

Any number of shocks could send Canada's house of cards tumbling, the bank says, particularly higher borrowing costs that pinches households already carrying record high levels of debt.

Instead, US stocks hit new highs in 2017 and continue to climb, the economy is humming along just fine, US household income is up for the second straight year, and unemployment is at record lows.

I believe that Canada's high house prices in relation to incomes, combined with record household debt levels and overinvestment in residential construction, will cause a severe correction in the real estate market.

Spain's household savings rate fell to its lowest level on record in the third quarter of last year as high unemployment and wage deflation in the latest recession obliged them to devote more of their disposable income to consumption, according to figures released Wednesday by the National Statistics Institute (INE).

«He doesn't want to leave any question about the independence of the Governor of the Bank of Canada, but we have a situation under the Conservative government that has allowed record household debt... and the bank is really caught between a rock and a hard place, because these high debt levels create pressure for higher interest rates, but inflation is very low.

In March 2013, as the stock market's Dow Jones Industrial Average set record highs, household and personal income were both down sharply from their 2007 peaks.

Last year the median (middle) household income rose to $ 59,149, a 4.1 % increase over 2015 and a record high.

That will change soon, if Poloz can shake off some of the concerns that, as he acknowledged in a speech last week, keep him «awake at night» — such as record - high home prices and household debt, lagging youth employment and cyber threats that could disrupt Canada's financial system.

Low oil prices have taken their toll on an already weak Canadian economy, where household debt levels are at record highs and business investment continues to lag.

The Canadian consumer, meanwhile, might be benefiting from somewhat cheaper gasoline, but their spending capacity is stretched thanks to a record high level of household debt.

In a seven page report released Friday, Beata Caranci says the need for financial literacy has never been higher because of record low interest rates and household debt growing faster than income, something the millennial population seems unprepared to deal with.

We have a president that received no vetting from CNN or those who voted for him and look what we got... a partisan ideologue who has brought the number of Americans who need food stamps to a record high, embraced policies that have resulted in 23 million Americans unemployed or under - employed, decreased household incomes by $ 4000 annually, increased the number of Americans dependent on the federal government to nearly 50 % and appointed dozens of «czars» who we know nothing about and who were also never vetted.

Last week, a Pew study revealed that in four out of ten American households with children, the mother is the sole or primary breadwinner for the family, the highest share on record.

In 2008, when voter turnout rates were at or around record highs, fewer than half (44.9 percent) of adults in households making less than $ 30,000 per year voted, according to Census Bureau data.

«The ABI has an unparalleled record of delivering complex, industry - led projects in partnership with Government, such as FloodRe to ensure affordable flood insurance for households at high risk, and MedCo, to protect customers against unscrupulous claims management companies.

Last winter the State issued LIHEAP benefits to more than 1.9 million households, a record high.

Statistics Canada in March reported that the country's average household debt - to - income ratio hit a record - high 167.3 per cent.

In fact, the ratio of household debt to disposable income in Canada is now at a record high.

This detail adds some insight, but regardless of the interpretation one puts on the data, it remains true that corporate profits are at a record high relative to GDP because household saving is depressed and government deficits are extreme.

OTTAWA — The Canadian household debt compared with income climbed to a record high in the third quarter as borrowing grew faster than incomes.

The possibility of an increase in the prime rate offered by lenders comes as household debt levels sit near record highs.

According to the Institute of International Finance (IIF), China's household debt - to - GDP ratio hit a record high of 45 % + in the first quarter of this year.

However, while the economy may be doing well, Canadian household debt is still at record highs.

The ratio of household debt - to - disposable income reached the highest on record in the third quarter, at 148.1 per cent, Statistics Canada said Monday, a 6.7 per cent rise in Canadian household obligations from a year ago.

Canada's household debt is at a record high: it's expected to rise to 174 % this year (it was at 171 % at the end of 2015).

TORONTO — Canadian household debt hit a record high during the third quarter, as it grew at a faster pace than disposable income, according to the latest figures from Statistics Canada.

The bank says Canada's household debt - to - income ratio is near a record high and cautions stiff competition among lenders could be encouraging riskier borrowing.

The strong expansion of household spending, encouraged by a prolonged period of historically low borrowing rates, has created concerns over Canadians» record - high debt loads.

OTTAWA — Canadian household debt rose to a new record high in the fourth quarter of last year, fuelled in large part by mortgage growth.

The Pew Research analysis also finds that a record 40 % of all households headed by someone younger than age 35 owe such debt, by far the highest share among any age group.

Just last year, Canada's household debt burden hit record highs, and holiday spending was up another 8 percent.

According to the most recent Survey of Consumer Finances, 37 % of households headed by an adult under age 40 have outstanding student debt obligations (including loans in deferment as well as those currently being paid off), the highest share on record.

About four - in - ten U.S. households (37 %) headed by an adult younger than 40 currently have some student debt — the highest share on record, with the median outstanding student debt load standing at about $ 13, ooo.

TORONTO, ON - The average Canadian will spend 8 per cent more this holiday season than they did last year, and with Canadian household debt at a record high, many people will be facing significant debt levels come January.

The bank's report cautioned that Canada's household debt - to - income ratio is near a record high, conditions that may have been partly fuelled by stiff competition among lenders.

There are 38.2 million cat - owning households in the U.S., which is the second highest recorded level of cat ownership since The Survey's inception in 1988.

U.S. households spend more each year on their pets than on prescription drugs, furniture or men and boys» clothing, according to U.S. Bureau of Labor Statistics data collected by the Census Bureau, pet ownership is at a record high nationwide.

Sixty - two percent of all households in the U.S. now own a pet, which is the highest level recorded since APPA began monitoring ownership in 1988 when ownership was 56 percent.

The organisers report that this year is set to be the most hotly - contested yet and that there had been a record number of entries, ranging from household travel brands to newly - launched boutique products, all vying to scoop the highest accolade in travel.

Among the works that did well were Lot 16, a charming small sculpture, one of three examples down in 1945 - 6, by David Smith, shown above, that sold for $ 220,000 (not including the buyer's premium) and had had a high estimate of $ 150,000; Lot 5, «Atantolone,» a gloss household paint on canvas of colored dots on a white field that sold for $ 170,000 (not including the buyer's premium), well over its high estimate of $ 120,000; Lot 14, a large 1943 painted wood and wire sculpture, «Constellation,» by Alexander Calder (1898 - 1976) that sold for $ 1,982,500 (including the buyer's premium), more than double its high estimate, and Lot 24, a larger Calder sculpture, «Trepied,» that sold near its low estimate for $ 1,542,500 (including the buyer's premium); Lot 20, a large and very interesting and abstract but not very colorful 1953 Francis Bacon (1909 - 1992), «Two Figures at a Window,» that sold above its $ 1.2 million high estimate for $ 1,542,500 (including the buyer's premium); Lot 27, «Tour III» by Brice Marden (b. 1938) that sold within its estimates for $ 1,487,500 (including the buyer's premium), tying the artist's record; Lot 41, «Grillo,» by Jean - Michel Basquiat (1960 - 1988) that sold for $ 1,102,500 (including the buyer's premium), also within its pre-sale estimates; and Lot 31, «Vierwaldstätte See,» a large black and white 1969 landscape by Gerhard Richter (b. 1932) that sold for $ 1,047,500 near its low estimate of $ 1 million.

If we take Japan instead, households averaged 11.82 % from 1970 until 2017, reaching an all time high of 49.70 % in December of 2015 and a record low of -9.90 % in May of 2012.»

The difference between the DRA in Gomboc and the electricity records in Plant is that the former revealed electricity consumption patterns at a much higher level detail, such that stronger inferences could be drawn about the precise household activities giving rise to those consumption patterns (e.g., marijuana grow operation).