Sentences with phrase «subtracting from economic growth»

As the housing recovery has gained momentum since last year homebuilding is finally adding to rather than subtracting from economic growth.

Not exact matches

The damage and production shutdowns caused by the wildfire that razed Fort McMurray could subtract more than a percentage point from economic growth in the second quarter, the central bank said.
For example, slower growth in the cost of health care will be a boon for the government and businesses, but will actually subtract from reported economic activity.
Subtracting fiscal expenditure from China's officially reported GDP figure provides an indicator that can be used to observe private sector economic growth.
New EPA Chief Scott Pruitt and the rest of the Trump economic team need to recognize that the RSF point of obligation and the ethanol mandate tax actually represent a net loss to the economy, subtracting from growth.
The unsustainable third - quarter inventory investment will likely subtract significantly from economic growth in the current quarter as that stockpile unwinds, but the inventory correction should wrap up early in the year.
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