Sentences with phrase «reported gdp growth»

It is pretty clear to me that the growth in non-productive investment remains very high — and, with it, reported GDP growth — because there are only two other ways to reconcile credit growth that substantially exceeds GDP growth year after year for so many years.

Haven't I been reading that they have been borrowing, and helping property developers borrow, money like crazy to build wasteful projects (e.g. ghost cities) in an enthusiastic effort to outdo each other in reported GDP growth?

Because it hasn't, the only other way I can get reported GDP growth to reconcile with much higher credit growth is to assume that much of the investment will never result in increased productivity, and so will never cause GDP growth to pick up.

I hoped that this wouldn't happen, because the longer reported GDP growth remained high, the worse for China's economy over the medium to long term, but in the end the pace of adjustment was always going to be driven by political variables, not economic variables, and this made it very hard to project with much confidence.

But once those three assumptions reach their limits, as they eventually must, the excess of reported GDP growth over the GDP growth that would have been reported had these conditions not existed will be amortized in the form of a negative excess.

This means that reported GDP growth must be overstated.

If inventories were merely to stabilize, we would get a boost to reported GDP growth.

My best guess is that one should start with reported GDP growth and subtract from it your best estimate of the amount of debt in each period that should be written down to zero.

Not exact matches

Domestically, the Bank of Canada's April 2016 Monetary Policy Report projected real GDP growth of 1.7 % in 2016, rising to 2.3 % the following year.

Yet on an aggregate level, business fixed investment hasn't been pulling its weight, contributing 1.4 % to annual real GDP growth in 2011, but only 0.5 % in 2012, according to a recent Bank of Canada report.

Alongside the GDP report, the NBS also released annual growth figures for retail sales, industrial output and urban fixed asset investment, with all bar the latter topping expectations.

«GDP growth is now much more reliant on tourism and the government's infrastructure spending,» he wrote in a Nov. 28 report.

Despite the strong overall report card on the health of the economy, financial markets have weakened modestly in the wake of the GDP release, perhaps reflecting disappointment that the GDP growth rate was not even quicker.

«It is weathering the current global slump remarkably well: with GDP growth expected to be around 3 % this year and 4 % in 2010,» noted ING Investment Management in a summer report.

However, these factors are beginning to fade, causing GDP (gross domestic product) growth to decelerate gradually,» analysts at the bank said in a report Monday.

Chinese economic growth met expectations during the September quarter, maintaining the familiar pattern seen in each of the past ten GDP reports.

GDP growth has long been one of the main criteria used to judge officials» careers — as a result, the relevant data is warped at every level, since the folk reporting it are the same ones benefitting from it being high.

«Our view has been that the boost to real incomes from lower energy prices — and its positive impact on consumer spending — would offset the drag from energy - related investment, resulting in gains for US GDP growth on net,» Hui Shan and Zach Pandl said in their report.

As a report from the International Monetary Fund (IMF) observes, «Uncertainty about future exchange rates and GDP growth reduces flows into equities.»

«Globally,» says the IMF in its Global Financial Stability Report, «an increase in the forecast GDP growth rate leads to an increase in equity investments.

Emissions of carbon dioxide, the main greenhouse gas, rose by an average of 0.73 percent for every 1 percent growth in gross domestic product (GDP) per capita, Richard York of the University of Oregon wrote in his report.

The report predicts that the broader economy will grow stronger in 2014, with real GDP growth accelerating to 2.7 percent.

However, the CBO believes this effect would be modest, cutting real GDP growth by only 0.2 percent in 2013, the Wall Street Journal reports.

In the «future» category, the report said New York had the highest projected GDP growth of any city by the year 2022.

Contrary to expectations that Beijing would finally embrace painful restructuring and financial deleveraging to reduce the risks of a financial crisis and make growth sustainable, Li proclaimed that China would achieve GDP growth of between 6.5 % and 7 % for 2016, similar to the 6.9 % GDP growth the Chinese government reported in 2015.

«While we see a potential drop in total number of U.S. jobs created in 2017, as reported by Kiplinger, as well as an overall expected drop in GDP growth, the cannabis industry continues to be a positive contributing factor to growth at a time of potential decline,» says De Carcer in a statement.

@justinwolfers: Underneath the bad GDP report, we see solid growth in consumption and investment.

On the one hand, the U.S. central bank is in moving into tightening mode, while on the other is China's central bank is devaluing its currency as that country deals with a growth recession (despite the positive GDP number they are reporting publicly).

Add to this the disappointing ISM report, weakening automobile sales and slightly lower - than - hoped - for GDP growth in the second quarter, and it seems less and less likely we'll see more than one additional rate hike in 2017.

There is, of course, a great deal of skepticism about the 7 % real GDP growth rate that China has reported, but we should remember that in the first quarter, nominal GDP growth was much lower, 5.8 %.

That factor, along with above - trend GDP growth, could fuel an increase in total employee compensation by slightly more than 2 % in 2017 and 2018 — in line with nominal GDP growth — while growth in average hourly earnings could accelerate to around 3 % in 2018, according to Morgan Stanley Chief Japan Economist Takeshi Yamaguchi, in a recent report.

In contrast to the 3 % GDP growth widely reported for the latest quarter, year - over-year growth in GDP, after peaking at 3 1/2 % in Q3 / 2010, has basically flatlined around 1 1/2 % for the last three quarters.

In fact there probably hasn't been much growth in the former, whatever the reported GDP data tell us, and there has been a lot in the latter.

Reported nominal GDP growth is around 5 %, but the growth in debt servicing capacity is probably lower.

Relative to the July Report, U.S. GDP growth in 2013 and 2014 has been revised up to 2.3 per cent and 3.2 per cent, respectively, owing to a larger policy response by the Federal Reserve than was previously expected.

Which has been almost universally strong, including a GDP report last week that confirms the country is in the middle of its strongest growth spurt in more than a decade and eating into slack much more quickly than the Bank of Canada had anticipated only two months ago.

I based my growth expectations on what I think were conservative estimates of consumption growth and the growth in productive investment (with which the reported data is currently consistent, although do not prove my assumptions one way or the other), but I always pointed out that as long as credit growth accelerated, the growth in non-productive investment would remain high, in which case reported GDP would also remain high for much longer.

It is not a perfect analogy but — except, of course, for the part in which analyses that use the number of bookshops as a proxy for literacy are widely ridiculed — it is nonetheless similar to what happens when the health of the Chinese economy is measured by the reported GDP data, or when second - order measures, such as the dependence of Chinese growth on debt, is estimated by looking at credit growth in relation to GDP growth.

Report to CMHC warns steady climb of household debt - to - GDP level puts Canada's economic growth prospects at risk

Last week's preliminary GDP report for Q1 revealed a slowdown in growth.

In the April Monetary Policy Report, the Bank revised U.S. growth for 2015 down while ratcheting up Canadian exports» contribution to GDP.

«This report discusses how tax structures can best be designed to support GDP per capita growth.The analysis suggests a tax and economic growth ranking order according to which corporate taxes are the most harmful type of tax for economic growth, followed by personal income taxes and then consumption taxes, with recurrent taxes on immovable residential property being the least harmful tax.

A recent report from S&P Global argued that promoting the entry and retention of more women in the workforce in the U.S., particularly in STEM fields, could create a «substantial growth opportunity,» with the potential to add 5 % to 10 % to nominal GDP in a just few decades.

For the Canadian economy, estimates of the growth of gross domestic product (GDP) from Statistics Canada for the fourth quarter of 2016 came in somewhat stronger than we had anticipated in our January Monetary Policy Report (MPR).

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 typical economic reports such as the consumer price index, GDP growth, Tankan index, and so on, are also considered potent drivers of the EUR / JPY cross, but they don't reach the degree of consideration accredited to stock market changes and the Bank of Japan decisions.

Growth in household consumption was subdued with business investment and net trade contributing to the annual GDP numbers, in line with the MPC's November Inflation Report.

The report also looks at GDP growth, home price appreciation, mortgage loan originations, and other economic factors.

Business conditions appear to have eased in early 2004 from the high levels reported at the end of 2003, although they remain consistent with firm growth in non-farm GDP.

This report also comes out less than six hours after the Commerce Department had reported that the nation's gross domestic product (GDP) had been revised upward for the second quarter from an initial estimate of 1.5 % growth to a mildly more reassuring rate of 1.7 %.