Overall, we see the dynamics at play as meaning that the country can support a gradual rebalancing at a more moderate,
sustainable pace of growth that can still contribute strongly to global growth.
A moderate slowdown from the surprise 7 % growth rate of the last quarter is in fact welcome, in our view, as the country rebalances its economy and downshifts to a more
sustainable pace of growth that is less reliant on credit.
Not exact matches
June appears to be a month in which output has slowed to reduce the overall
pace of growth to something that is more
sustainable rather than signaling a slowdown
of any sort.
However, both loan approvals and credit
growth still remain at high levels, and the value
of loan approvals would need to fall significantly further to bring credit
growth back to a reasonably
sustainable pace.
The
pace of domestic demand
growth has eased from the rapid rate seen in 2002, as dwelling investment has levelled off and consumption
growth has moderated to a more
sustainable pace (Graph 20).
Over the course
of 2014, as the Autoimmune Protocol community quickly grew, it became increasingly obvious to us that
growth as individual bloggers was not
sustainable and did not model the ideal
pace we advocate for managing autoimmune diseases.
Karen Smart, asset management director, London Stansted, said: «The airport has never been busier, so to help us keep
pace with increased demand and improve the passenger experience, we have started a significant investment programme to deliver a wide range
of projects over the next five years to transform the airport and support
sustainable growth on our single runway.
While this
pace of growth is probably not
sustainable, investors across the board (with the exception
of the government - sponsored enterprises) are anticipated to have capital availability in 2016 that is equal to or greater than 2015 levels.
We expect multifamily starts to continue to increase but at a slower
pace than the 200 + percent
growth rate in the fourth quarter as starts move steadily toward the annual
pace of 350 thousand that we consider
sustainable.