Sentences with phrase «slower than the overall economy»

It tends to grow at rates slower than the overall economy, or the growth rate actually begins to decline.

Not exact matches

StatsCan found that although the underground economy has grown since the last estimates in 1992, it did so at a slower pace than the overall economy.

The overall growth of the economy trudged ahead at 3 percent in the first quarter of 2010, and was at a much slower pace than the 5.7 percent pace enjoyed in the fourth quarter of last year.

Houston's economic recovery is happening at a slow pace, but any near - term improvement in its office market has less to do with the energy sector than growth in other industries and overall confidence in the economy, according Kevin Roberts, president of Southwest operations with real estate services firm Transwestern.

The Fed said in a statement following its regular policy - setting meeting Tuesday that the overall economy has grown «considerably slower» than it expected and that consumer spending «has flattened out.»