«Based on comparing the current economy to past recession episodes, we once again conclude that real estate weakness will remain
a significant drag on the economy, leaving us treading water in 2008 but not slipping under the waves into recession,» cites the Bruin forecast.
With escalating Venezuela tensions, Middle East concerns, as well as the potential for
a significant drag on the economy by a weaker housing market, one might look to foreign fixed income.
-- it is
a significant drag on the economy.
Not exact matches
«The most
significant drag is primarily felt by emerging market
economies, who tend to be more sensitive to shifts in global risk sentiment, which can also have large adverse effects
on capital flows and currency valuations,» the note said.
That's
significant because weak international sales have been a
drag on the Canadian
economy for years.
Concerns
on the U.S.
economy, the only «steady» engine at this time, center
on consumers facing a
significant fiscal
drag and
on the impact of the sequester.
It seems unlikely that Hellas will manage to repay its summer debt obligations without the agreement of its creditors or a
significant drag on its real
economy (in the form of default
on obligations against its suppliers and employees).
Yet the rise in oil prices we have seen so far is unlikely to pose a
significant drag on the global
economy and its impact
on core inflation should be minimal, we believe.
Gross goes
on to note that «homes are the most highly levered and monetarily
significant asset that American consumers own, if they decline much further they will
drag the rest of the
economy with them,» and therefore any further decline needs to be stopped quickly in order to avert additional crises.
While,
on the whole, prohibition, specifically prohibition in the United States, has been very good for Canada's
economy and a source of legend of lore (the shipbuilding contract of the 20's and 30's, so - to - speak) this legislative holdover from Canada's own foray into prohibition is a
significant drag on legitimate business in Canada.