Sentences with phrase «share of the economy»

Which industry will gain the largest share of the economy?

3) The most important fact, I think, is that manufacturing is a smaller share of the economy.

But for all the vocations that require a brain and a keyboard and not much else — a growing share of the economy — the traditional office is a vestigial attachment, a wing that's become too stunted to fly.

The construction and finance industries, bloated by a decade - long housing bubble, are unlikely to regain their former share of the economy, and as a result many out - of - work finance professionals and construction workers won't be able to simply pick up where they left off when growth returns — they'll need to retrain and find new careers.

Within the wage share of the economy â $ «which includes everyone from chief executive officers to servers â $ «only the average top -1-per-cent earner saw enough income growth to outpace inflation between 2009 and 2011.

These conditions persist because the tax system of most developed countries was set up in an era when «hot assets» were a fairly marginal share of the economy and most assets could be easily associated with a physical location.

Bonus question that is probably off - topic on this site: Do worker cooperatives make up a significant (> 5 %) share of the economy anywhere in the world?

Last week, I wrote that the Government is currently on track to haul back the State's share of the economy from the ruinous 47.7 per cent of national income it reached under Labour to 39.5 per cent within five years.

But the fast - paced and often double - digit growth that propelled such prosperity can't be maintained as services become a larger share of the economy.

Over the past decade, domestic consumption's share of the economy has plunged from around half to a miniscule 35 %, the lowest of any significant economy ever, according to Michael Pettis, a finance professor at Peking University whose online writings have become must - reads for those eager to divine what's really going on in China.

Far from an economic powerhouse, China's economy remains a middleweight when its vast number of poor people is taken into account — the country's per capita GDP is only around US$ 4,500, 1 / 10th that of the U.S. And as a share of the economy, household incomes have actually declined over the past decade.

As a share of the economy, deficits are currently 3.1 percent of GDP and will reach 5.0 percent of GDP in 2027 and 9.0 percent of GDP within three decades — higher than any time except for 5 years during World War II and the Great Recession.

Faster growth means more revenue collection as well as higher Gross Domestic Product (GDP) and thus less debt as a share of the economy.

They call for enough savings to put debt on a downward path as a share of the economy, but they include reconciliation instructions that would either achieve only a small fraction of the claimed savings or that would actually worsen the deficit.

Even before Budget 2012, the debt burden of the government was forecast to decline steadily, and program spending as a share of the economy was also forecast to decline steadily.

Debt as a share of the economy, currently at 77 percent, would rise to 103 percent of GDP by 2028, rather than 96 percent as under current law.

Coupled with the long - term outlook released in March, the agency shows a dramatic rise in debt as a share of the economy in the coming decades.

That's «too small a share of the economy» to really affect Canadians negatively, Porter said.

Measured as a share of the economy, Canada's corporate taxes are also higher than the OECD average.»

So even as the United States raises almost the lowest tax revenues in the industrialized world as a share of the economy, in so doing it exacts the maximum possible economic pain.

Last week, we showed that today's post-war era record - high debt is slated to double as a share of the economy over the next three decades, while four major government trust funds are projected to be insolvent in half that time.

Yet there is also a reason to think that the incomes of the wealthy could potentially have a bigger impact on others than in the past: as a share of the economy, they are vastly larger than they once were.

  In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

The chart below shows just how local and municipal government operating spending and spending on employee compensation has changed over the past two decades as a share of the economy.

Lawmakers should make choices that ultimately put the debt as a share of the economy on a downward sustainable path, not increase it.

With the tax code in need of reform but debt at its highest point as a share of the economy since just after World War II, Congress should pass a fiscally responsible tax overhaul that grows the economy but does not add to the debt.

Though consumption represents the largest share of the economy, it is also the most stable (Friedman and Modigliani were right).

While the chart above illustrates current annual spending in dollar terms, the United States has historically devoted a larger share of its economy to defense than many of its key allies.

David Laws says that the share of the economy accounted for by the public sector should be cut to 35 %.

Even at the Department of Defense, science investments as a share of the economy have declined from 0.56 % in 1976 to 0.39 % now.

Economically effective management, access to high - value markets and having other income opportunities often play a larger role in human outcomes than stock health, especially in communities where fishing is a large share of the economy.»

Labor's share of the economy is falling around the developed world.

Corporations benefit from deficit spending despite wages at record lows as a share of economy.

that privatizations have made the share of economy run by private companies compared to public higher now than 50 years ago.

Manufacturing is not shrinking (contrary to popular conceptions), it's just that information technology, services, internet commerce and other sectors are becoming a large share of the economy.

Similar to what has happened in China and India, the agricultural sectors in these countries are expected to decline as a share of the economy, while their construction industries grow to accommodate increasing urbanization.

Europe, Australia, Japan and other industrialized nations have said they will cut their emissions outright; fast - growing nations such as China and India say they will emit less as a share of their economies.