Not exact matches
Over the first half of 1999, consumer
spending grew at an annual
rate of 4.8 per cent, around the
same pace as was recorded in the second half of 1998.
Is an increase from 2.6 % of GDP in 1981 to 3.1 % of GDP in 2012 unsustainable?  Yes, I suppose so, if this
rate of increase continues for another few centuries. The
same argument the CFIB makes for municipal
spending could be made for corporate profits but far moreso. After adjusting for inflation, corporate profits have increased by 245 % since 1992, doubling as a share of GDP and
growing at a
rate of ten times Canadaâ $ ™ s cumulative population growth of just 23 % since 1992.
Mr Banducci said he did not expect
same - store food sales to
grow at a similar
rate in 2018, but momentum was strong, underpinned by higher customer foot traffic, transactions and basket
spend.
In addition to legalization of
same - sex marriage and implementation of a 2 - percent annual property - tax cap, his first year in office included: a new ethics law, a partial rollback of the Metropolitan Transportation Authority payroll tax, the first cut in state
spending in 15 years, and a rewrite of the tax code to tax the wealthy
at a higher
rate and cut
rates for middle income New Yorkers — an idea he opposed in the spring, only to reverse himself later as the state deficit
grew.