The phrase
"upward revision" means making changes or adjustments that increase or raise something, such as a number, a forecast, or an estimate.
Full definition
The result was a fairly significant
upward revision in the seasonally adjusted employment totals since 2011.
-LSB-...] from scraping over rocks, can melt ice at the base, a factor that's
forced upward revisions of the rate of ice loss from global warming.
Given that so much investor enthusiasm has focused on the new claims figures, it's interesting that the large and
generally upward revisions in months of prior data seemed to go virtually unnoticed.
Also, the overall trade deficit in Q2 was revised to be much smaller compared to Q1, which may lead to a
possible upward revision for Q2 GDP growth.
-LSB-...] scraping over rocks, can melt ice at the base, a factor that has forced
upward revisions of the rate of ice loss from global warming.
At the sector level, healthcare and technology were among those with the
largest upward revisions, while discretionary and materials experienced the largest downward revisions.
The worst case scenario is likely wage growth higher than expected (0.3 percent or higher month over month, 2.9 percent to 3 percent annual), with
upward revisions from February, and job growth much higher, all of which would increase the chances for a Fed rate hike.
The December gain of 1,400 jobs (
following upward revisions of the October and November numbers) puts the for - hire trucking total at 1.4742 million, that's 241,000 (19.5 %) more trucking jobs than were reported in March 2010, the low point in the economic downturn, according to the latest government figures.
Sales of newly built, single - family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units
after upward revisions to the January, December and November reports.
This «Great Inflation,» as it is commonly known, was triggered by a combination of adverse supply shocks (notably the 1973 and 1979 oil shocks) and an accommodative monetary policy stance, which appears consistent
with upward revisions of the Fed's inflation target.
That revision was offset
by upward revisions in business investment spending on structures and equipment and by stronger sales of U.S. exports.
US Q2 growth revised higher According to estimates released this week by the Bureau of Economic Analysis, The US economy grew at an annual rate of 3.1 %, a
slight upward revision from last month's 3 % reading.
Upward revisions reflect the slowdown of ice loss during the first two weeks of July and a change in atmospheric conditions to cooler, cloudier weather.
Subsequent books in the series were priced @ # 8.99 and # 9.99 respectively after a
recent upward revision of costs.
Following
significant upward revisions reported for both November and December, single - family starts held virtually flat in January with a 1.0 percent decline to a 508,000 - unit rate.
Some of the tools used by the Bank have tended to underestimate growth in potential output during periods of expansion, leading to
upward revisions later on.
The Bank has made initial assumptions about prospective tax policies only, resulting in a
modest upward revision to its US growth outlook.
The global tourism body's finding follow
macroeconomic upward revisions from the IMF along with new international tourism figures to August this year.
Friday's September jobs report, including the
strong upward revisions for prior months, a sizable increase in earnings, and a sharp decline in the unemployment rate, should provide further impetus for improving consumer confidence in the housing market.»
While we have already nudged up our GDP growth forecasts by 0.1 pp to 3.9 % for 2018 and 3.8 % for 2019, following U.S. tax reform and an
implicit upward revision to investment growth, the capex recovery in 2018 may turn out even stronger than what we pencil in currently.
Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a
marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.
Global bond yields remain relatively low, reflecting expectations that global interest rates are still likely to remain low for some time,
notwithstanding upward revisions to those expectations in the past couple of months.
Last week, we saw an unusual revision in new claims data, not just for the previous week, but in months of prior releases, with
upward revisions averaging about 10,000 in the most recent reports (e.g. the Feb 25 figure was revised from 354,000 to 373,000).
After
successive upward revisions, the Consensus forecast is now for growth in the world economy to be above trend in 2004, with growth more synchronised across countries than has been the case for some time (Table 1).
Across the Pond, focus will be on 1st quarter GDP and employment cost numbers, any better than forecasted figures another Dollar positive, with the markets
expecting upward revision to GDP numbers following the March goods trade numbers released on Thursday.
More recently, researchers McKnight and Todd examined a portfolio of European stocks and found that the 20 % with the highest
net upward revisions outperformed the lowest 20 % by over 16 % a year.
This means China has released nearly one billion more tons of carbon dioxide a year than previous data shows — a
massive upward revision.
The Federal Housing Finance Agency's (FHFA) House Price Index jumped 0.7 percent in April with a 0.1
percent upward revision for March.
In this week's economic review, pending home sales slumped, consumer confidence remains unusually high, and first quarter GDP gained a much -
needed upward revision.
Improved consumer spending in the third quarter drove a slight
upward revision from the prior forecast; moreover, a friendly labour market and rising household wealth should continue to support consumers.
Continuing weather - related disruptions to the measure were evident in the 261,000 rise in payrolls, which was well below consensus expectations, but the shortfall was fully offset
by upward revisions of 90,000 for the previous two months.
In fact, the release of American Community Survey data on family incomes led to a
slight upward revision of 2011 income and a subsequent slight increase in NAR's projections for 2012.
Sales of newly built, single - family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units
after upward revisions to the January, December and November reports.
Phrases with «upward revision»