Sentences with phrase «spending in a weak economy»

While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower than expected nominal GDP.

Not exact matches

In the October report, there were five: stronger - than - expected U.S. growth; higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted householdIn the October report, there were five: stronger - than - expected U.S. growth; higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted householdin less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted households.

Still, in an economy where low and middle class consumers are bogged down by weak job growth and stagnating wages, better to have the rich spending than nobody at all.

Data showed that the U.S. economy slowed in the first quarter as consumer spending grew at its weakest pace in nearly five years.

OTTAWA — The Trudeau government reined in new spending in a wait - and - see budget that touts support for ordinary Canadians but hedged its bets in the face of a still weak global economy and unpredictable fallout from the Donald Trump administration.

The release was a bit of a Goldilocks report for the market, as it continued the narrative that the economy is growing at a healthy pace, but the weakest performance in consumer spending in five years punched a hole in the inflation bubble that hurt the market early in the week.

The U.S. economy posted a 2.3 % annual growth rate in the first quarter of 2018 as consumer spending turned in the weakest performance in nearly five years.

But some economists, including McDonnell's adviser Simon Wren - Lewis, of Oxford University, who has been involved in drawing up the new rules, believe that making spending cuts at a time when growth is weak can simply suck demand out of the economy and exacerbate any slowdown.

When the economy goes from weak to strong, people with a lower income show a greater leap in spending.

The researchers also find that while both higher and lower income consumers are likely to spend more in a strong economy, the leap in spending from a weak to a strong economy is larger for lower income consumers.

RISMEDIA, August 10, 2009 -(MCT)- Personal spending rose in June, but incomes fell, exposing the weak underbelly of the economy.

Despite the value, the weak economy is likely to slow seller spending on remodeling, at least in the short term, predicts the most recent Leading Indicator of Remodeling Activity computed by the Joint Center for Housing Studies at Harvard University.

In addition, builders» confidence has been rising steadily for eight consecutive months and the uncertainty of taxes, government spending, potential cuts to housing tax incentives and the on - going weak economy had to finally slow the advancing builder index.