Sentences with phrase «slow economic growth last»

It turns out we had slow economic growth last quarter.

Not exact matches

In the U.K., economic growth slowed to a one - year low of 0.3 percent from 0.7 percent in the last three months of 2016, the Office for National Statistics said on Friday.

The last time the U.S. went through a partial government paralysis in 1995 - 1996 — for roughly three weeks in two separate instances — economic growth slowed by a quarter of a percentage point during the last three months of 1995.

«The argument is the types of things we're doing now with information technology just don't show up in GDP because a lot of what we do on the Internet is free,» or very nearly so, says Philip Cross, a former chief of economic analysis at Statistics Canada who wrote a paper on the slow - growth economy for the Fraser Institute think tank last year.

Slower growth — a function of structural changes such as an aging society — means economic slack created in the last recession is being eroded at a sluggish pace.

Last week's news that economic growth slowed in the first quarter supports the tame - inflation narrative.

WASHINGTON — The International Monetary Fund projects moderate economic growth for Canada this year and next, albeit at a rate lower than last year's and significantly slower than in the United States.

Other data last week showed that while U.S. economic growth slowed to an annualized rate of 2.3 percent in the first quarter, wages and salaries shot up 0.9 percent during the same period.

While, it's not clear whether the growth and deficit targets are achievable, it is clear that keeping the growth target the same as last year means the government is not interested in risking slower growth by advancing economic reforms more rapidly.

Economic growth will slow to 1.6 percent this year from 2 percent last year and rebound to a 2.4 percent pace in 2014, CMHC said.

Brazil's central bank has lowered its forecast for economic growth to less than half of last year's, partly blaming the slowing global economy.

«Our economy is in solid position, but it won't last forever, as economic and job growth slow in the years to come,» said Stringer.

Concerns about the slow rate of economic recovery from the recession, which has seen GDP growth broadly stagnate in the last three quarters, are unlikely to disappear soon.

Another report by the IPCC last week in Japan showed warming already affects every continent and would damage food and water supplies and slow economic growth.

I realize that much has changed in the last few years — widespread economic hardship, cuts in state aid by both Democratic and Republican state governments, much slower than anticipated growth in property values,, the opportunity to cut staff compensation under the threat of union busting, dramatic cuts to the revenue limit base — but despite all of these changes, if you go back to the principles and the details of Partnership Plan used to sell the 2008 Operating Referendum (which passed overwhelmingly) I think you can find plenty of justification for increasing property taxes in order to achieve the mission of the district.

Last year, the U.S. Chamber of Commerce's Institute for the 21st Century Energy said it could hike power rates, cost jobs and slow U.S. economic growth.

Although price growth has slowed over the last year as a result of the overall economic slow - down, the Cape remains an excellent proposition for buyers and investors.

Delinquencies in closed - end loans rose slightly in last year's third quarter amid slower economic growth, according to results from the American Bankers Association's Consumer Credit Delinquency Bulletin.

The Federal Open Market Committee (FOMC), which met this week, announced no change to the key rate on Wednesday, stating that «the labor market has continued to strengthen even as growth in economic activity slowed» since its meeting in March, when it last voted to raise the rate.

(TNS)-- Consumers ramped up their spending in January at the fastest pace in eight months as incomes also continued to grow at a strong pace in a sign economic growth is improving after slowing at the end of last year.

To the north, property investors in Canada are more defensive than they were last year with economic growth slowing, PwC found in its outlook for that country.