Sentences with phrase «spending at a moderate pace»

While consumers are spending at a moderate pace, businesses have scaled back investment amid a decline in profits.

Not exact matches

Even so, we anticipate that housing market developments will be a factor at work in reducing the rapid pace of growth in domestic spending to something more moderate.

Household spending continues to underpin economic activity and is expected to grow at a moderate pace over the projection period.

«Household spending is increasing at a moderate pace, but remains constrained by high unemployment, modest income growth, lower housing wealth and tight credit,» the Fed said in its statement.