The figures underline the bloc's struggle with record joblessness and limited economy growth.
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But broadly speaking, trade with India, trade with China, trade with countries all around the world is vital to global economy growth and especially to economic growth in the United States.
Slower economy growth will make it harder for the administration of Prime Minister Jose Luis Rodriguez Zapatero to implement austerity measures, rein in deficits, and move forward with structural reform. (Read As Europe And The U.S. March Toward Recession, Markets Are Waiting For Godot).
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And as the President made clear earlier, it is of vital importance that Congress not muck up the recovery that we're seeing underway, the growth in the economy and the growth in job creation that has been evident of late.
Despite the struggling economy, growth was seen among the Craft segment as well as Imports.
Without a stronger domestic economy, growth will not generate enough tax revenue to reduce the debt.
You are imposing historical analysis on an economy whose growth is actually highly complex.
The firm also estimates the U.S. economy to growth at a rate of 3.9% in nominal terms.
Overall, analysts don't see the two political rivals following a markedly different approach to the economy whose growth has recently slowed.
Earlier this month, the Organisation for Economic Co-operation and Development said the Bank should consider injecting more money into the economy if growth remains weak.
And Mr Brown stressed investment now was crucial to returning the economy to growth and to reducing unemployment, itself vital to paying down debt on schedule.
Yet, in the face of these positives, which all who worship at the shrine of consumption would argue are signs of a stronger economy, growth slowed.
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The authors looked at a range of economic metrics including inflation, unemployment, corporate profit growth, stock market performance, household income growth, economy (GDP) growth, months in recession and others.
He said the priority for eurozone countries ought to be fixing the "immediate and urgent crisis" which was having a "chilling effect" on the UK economy and growth and job prospects across the globe.
Over the longer term, there must be more strategic investments made to ensure some degree of alignment between the curriculum of our secondary schools and the sectors of the economy where growth can be anticipated.
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This is not to say that China, itself, is entering a recession, but a slower growth rate there (2nd largest economy) in combination with growth issues in the US (largest economy), Japan (3rd largest), and a significant recession in Europe bodes ill for worldwide growth and will eventually play out in the equity markets.
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Add in the faster growth in emerging economies themselves, and the world economy might enjoy growth of 1% a year more than it would have done otherwise.
These responses distort the functioning of the economy, often reducing potential growth and the economy's ability to provide a high standard of living to all.
On the basis of the past few years, he thinks the trend rate of productivity growth - and thus the economy's potential growth rate - is lower than we thought before the crisis.
Just because the interest rate is determined largely by the growth rate of the economy, it does not necessarily follow that the interest rate should be the same as the growth rate of the economy.
The absence of the one-off factors that boosted growth in the third quarter, such as the Olympics, make it more difficult for the economy to register growth in the fourth.
The most effective way to promote that result, particularly now, given the economy's current slow growth trajectory, is to invest strategically in the economy in a manner that will provide the incentives for new private investment, business growth and ultimately job creation.
Interest rates could come down as early as the first quarter of 2012, with the new leadership offering up targeted fiscal incentives for small and mid-sized companies to encourage job growth as the economy slows from 10%-plus growth to around 9% next year, according to International Monetary Fund GDP forecasts.
During the next decade, the Fed returned to Keynesian discretionary monetary policy, trying to steer the real economy to long term growth by manipulating interest rates, loosening when the economy seemed to turn down, tightening when this seemed to go too far and inflation started to rise.
This diverts resources from the productive sector of the economy, slowing growth and creating dependency.
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The truth is, all the talk about regulations stifling our economy and job growth is garbage.
Both changes will improve the incentives faced by the private economy and stimulate growth.
Central bankers may argue, entirely correctly, that inflation is bad for the economy and for growth.
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The V part of the VW economy includes dynamic growth companies and large exporters.
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