Sentences with phrase «year economic growth forecast»

«We have revised upward our full - year economic growth forecast to 3.1 percent for 2015, which is not yet robust but still an improvement over last year's growth.

Not exact matches

Britain's main business network has boosted its forecast for the country's economic growth this year and next but lowered it for 2018, as uncertainties surrounding the Brexit process persist.
A recent forecast by the Conference Board of Canada suggests that indebted households will restrain spending over the next few years, contributing to slow economic growth.
Hershey (HSY) cut its full - year revenue forecast again earlier this summer, and also announced a round of layoffs, as sales continue to shrink in the increasingly health - conscious U.S. and the company's efforts to boost sales in China have faltered amid that country's sluggish economic growth.
In its spring forecast, the European Commission said it expects economic growth across the 28 - country EU to dip to 2.3 percent this year, from last year's decade - high rate of 2.4 percent.
WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion over 10 years, even when taking into account additional economic growth forecast with the tax cuts, the Joint Committee on Taxation said last week.
Federal Reserve officials followed through on an expected interest - rate increase and raised their forecast for economic growth in 2018, even as they stuck with a projection for three hikes in the coming year.
Western Australia's peak business group has forecast an easing in economic growth in Western Australia in the current financial year to 4.5 per cent, a decline from five per cent previously tipped.
In its spring forecast, the European Commission said it expects economic growth across the 28 - country EU to dip to 2.3 percent this year, from...
Fed officials» median projections now forecast economic growth of 2.1 percent next year, up from 2 percent as of September, with the unemployment rate falling a tick to 4.5 percent.
The Fed lowered its economic growth forecasts for this year and next year slightly, likely reflecting its concerns about interest rates.
Despite the fact that economic growth for this year is now forecast to be substantially lower than that expected at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
Four years ago, when I was still chief economist at CIBC World Markets, I forecast that global economic growth was on pace to send oil prices to $ 200 a barrel by 2012.
For calendar year» 13, we expect GDP growth of 2.4 %, and our outlook is largely in line with the consensus economic forecast.
Overall, we believe our economic forecasts indicate meaningful top - line growth for small - and mid-cap equities, and tax reform should significantly boost profit margins in these two asset classes this year.
Projections for Canadian economic growth have been increased to 3.1 per cent this year and 2.1 per cent in 2018, with growth of 1.5 per cent forecast for 2019.
The lending agency kept its forecast for global economic growth this year at 3.9 percent, which would be the fastest pace since 2011.
Finally, on the heels of the World Bank revising global economic growth down to 2.9 percent this year, the IMF has cut its own forecast for 2016 to 3.4 percent in its latest quarterly update.
The government recently forecast economic growth to pick up to 2.5 percent in 2010 and 3.9 percent by 2011, levels not seen in years.
Indeed, economic forecasters surveyed by the European Central Bank have raised their growth forecasts for the year as a whole.
Officials repeatedly downgraded forecasts for economic growth last year to 1.4 %, a far cry from the average annual pace of about 7 % during the early 2000s and well below the medium - term target of 5 % set by President Vladimir Putin.
The parliamentary budget officer forecasts the 2014 deficit at $ 19 billion — after four years of (assumed) steady economic growth.
Conditions have also contributed to a declaration from the International Monetary Fund's (IMF's) managing director, Christine Lagarde, that global economic growth this year is likely to be weaker than the IMF's July forecast of 3.3 %.
Canada's housing agency further trimmed its forecast for housing starts this year amid modest economic and employment growth.
«Government spending on infrastructure and a moderate increase in business investment, which began to recover in 2017, are forecast to support economic growth next year,» RBC noted in its end - of - year forecast.
While Budget 2018 - 19 does forecast a decline in the debt - to - GDP ratio over the next five years, the decline is entirely the result of economic growth, as government debt will continue to grow for the next five years due to deficit spending though at least 2022 - 23.
Global growth for this year is seen at 3.4 percent, up from a 3.1 percent forecast for 2015, but 0.2 percent lower than previously forecast, the IMF's World Economic Outlook report said.
Over the past 25 years «the greatest forecasting mistake economists have made is to underestimate economic growth
Last week, the International Monetary Fund (IMF) trimmed 0.1 percent from its global economic growth forecast for the year, singling out Brexit fallout as the culprit.
BRUSSELS (Reuters)- Euro zone economic growth will slow this year and next from a peak expansion in 2017, the European Commission forecast on Thursday, underlining the need to quickly implement euro zone reforms while the expansion is still strong.
The ECB's latest set of macroeconomic projections reflected the economic backdrop, containing increased forecasts for growth in the next two years but a relatively small predicted uptick in inflation in 2018, and further out a headline rate of only 1.7 % by 2020.
In October, Fitch Ratings upgraded Cyprus to BB with a positive outlook: «The economic recovery has broadened, and GDP growth has consistently outperformed forecasts over recent years.
Brazil's central bank has lowered its forecast for economic growth to less than half of last year's, partly blaming the slowing global economy.
But the Fed's new forecast does envision somewhat stronger economic growth compared with its previous estimate: It raises the estimate to 2.7 per cent growth this year, up from 2.5 per cent in the December projection, and 2.4 per cent in 2019, up from 2.1 per cent.
U.S. - traded Chinese companies saw share prices plunge following the 2008 global crisis, while economic growth at home, even after a recent decline, is still forecast at about 8 percent this year.
Economic growth is forecast to increase in 2014 to around 2.5 per cent but economists have been forecasting a turnaround for the past three years and it just hasn't happened.
[75] His March 2013 budget was made when the Office for Budget Responsibility had halved its forecast for that year's economic growth from 1.2 % to 0.6 %.
«New York City's finances have been boosted by strong economic growth and conservative tax revenue forecasts in recent years,» DiNapoli said.
«Still, the Blue Chip consensus economic forecasts for growth continue to be revised downward, raising concerns for the remainder of the fiscal year.
The report sharply lowered its five - year global coal demand growth forecast in reflection of economic restructuring in China, which represents half of global coal consumption.
Rowena Mason, deputy political editor: The chancellor blames the lower growth forecasts for next year on higher predicted inflation and economic uncertainty, mostly attributable to the vote to leave the EU.
The FY 1998 budget relies on sustained economic growth over the past two years, more optimistic economic forecasts, and greater cuts in non-discretionary programs to call for still higher levels of discretionary spending than previous budget plans.
Toyota is as pessimistic as I was last year, forecasting just 14.7 million in» 13, with «continued economic stability and modest growth
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses, the risk that the transactions with Microsoft and Pearson do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion contemplated by the relationship with Microsoft, including that it is not successful or is delayed, the risk that NOOK Media is not able to perform its obligations under the Microsoft and Pearson commercial agreements and the consequences thereof, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the effect of the proposed separation of NOOK Media, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, risks associated with the commercial agreement with Samsung, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses (including with respect to the timing of the completion thereof), the risk that the transactions with Pearson and Samsung do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion previously undertaken, including any risks associated with a reduction of international operations following termination of the Microsoft commercial agreement, the risk that NOOK Media is not able to perform its obligations under the Pearson and Samsung commercial agreements and the consequences thereof, the risks associated with the termination of Microsoft commercial agreement, including potential customer losses, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended May 3, 2014, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, including store closings, higher - than - anticipated or increasing costs, including with respect to store closings, relocation, occupancy (including in connection with lease renewals) and labor costs, the effects of competition, the risk of insufficient access to financing to implement future business initiatives, risks associated with data privacy and information security, risks associated with Barnes & Noble's supply chain, including possible delays and disruptions and increases in shipping rates, various risks associated with the digital business, including the possible loss of customers, declines in digital content sales, risks and costs associated with ongoing efforts to rationalize the digital business and the digital business not being able to perform its obligations under the Samsung commercial agreement and the consequences thereof, the risk that financial and operational forecasts and projections are not achieved, the performance of Barnes & Noble's initiatives including but not limited to its new store concept and e-commerce initiatives, unanticipated adverse litigation results or effects, potential infringement of Barnes & Noble's intellectual property by third parties or by Barnes & Noble of the intellectual property of third parties, and other factors, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 30, 2016, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
With observers agreeing on the end of the «Great Moderation» and sub-par economic growth likely for the foreseeable future, recessions are likely to revert back to occurring once every 4 - 5 years on average, meaning recession forecasting will become more important to active portfolio performance.
OTTAWA — The Bank of Canada says the federal government's multibillion - dollar spending boost has uplifted what would have been a modest downgrade to its economic growth forecast this year.
In addition, «Treasury has based its forecasts on current economic settings and some reasonably solid growth predictions for the years ahead.
The MBA forecasted that interest rates will be lower this year because of the decreasing debt situation in some places of Europe and slow global economic growth.
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