Sentences with phrase «weak economic conditions»

Lower interest rates reduced revenue, weak economic conditions produced higher credit losses, and market turmoil caused significant write - downs of securities.
«It is not enough to blame weak economic conditions and poor resource markets,» Russell says.
Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.
«Our results for the fourth quarter, while slightly better than expected, continued to reflect pressure in many of our end markets from weak economic conditions around much of the world,» said Caterpillar CEO Jim Umpleby in a release.
[13] Arrears have risen more in regions experiencing weak economic conditions over recent years.
«The lack of spending by Canada's oil and gas sector, and weak economic conditions abroad, made October a very tough month for Canada's manufacturing sector.
Other risks include weaker economic conditions (a risk for most businesses) and additional increases in industry refining capacity.
Despite of weak economic conditions and job losses, Canadians have been paying down their mortgages very consistently.
Interest rates are low throughout the developed world, except in countries experiencing fiscal crises, as central banks and other policymakers try to cope with continuing financial strains and weak economic conditions.
Given an absence of inflationary pressures and weak economic conditions, the ECB cut its key policy rate by 50 basis points to 2 per cent in June.
Periods of strong growth, rising asset prices and investor optimism are still followed by sharp increases in risk aversion, falls in asset prices, investor pessimism and weak economic conditions.
The weaker economic conditions have put pressure on the new Liberal government's election promises, which include big - ticket spending for projects like infrastructure that it says will produce jobs and growth.
In particular, the Committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
The report makes the most of countries» commitments and a possible global agreement, while ignoring the soaring emissions from China and failing to recognise that the lower emissions growth in a number of countries is primarily due to weak economic conditions.
New home prices are rising at their slowest pace since 2002 because demand is slowing in response to weaker economic conditions and constrained affordability.
While vacancy rates were on the decline over the past year (from 5.60 per cent in the fourth quarter of 2007 to 4.50 per cent in 2008) and rents continued to escalate ($ 21.36 to $ 22.90 per sq. ft. for the same period), softening demand due to weak economic conditions and the expected supply of several million square feet of new office space will pose challenges for some of the prestigious towers in Toronto's financial district during 2009 and 2010.
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