That this occurred despite the rise in real GDP last quarter reflects both the typical lag between GDP growth and unemployment decline, and the recent exceptional increases in productivity.
Both saw money supply as something that would increase in concert with rising economic growth, and decline during contractions.
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Conversely, Sinai found that raising the U.S. top individual capital gains rate from the current 15 percent rate to 20 percent, as suggested in several deficit reduction plans, would cut annual economic growth by an average of .05 percent per year and job growth would decline throughout the economy by an average of 231, 000 from 2011-2016.
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Indeed, the continuing European debt crisis and slowing Chinese growth contributed to the decline in aluminum demand and prices over the last few quarters.
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In countries such as Portugal, Greece and Ireland, where big government deficits have to be cut back, loan growth is likely to decline and bad loans to increase as economies slow.
Just as any life cycle there is a beginning a growth an prime and a decline.
In the medium-term if global growth stalls and oil prices decline due to reduced industrial demand, this will likely help truck sales at the expense of car sales.
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In its August Inflation Report, the Bank of England said that household balance sheets had been weakened by the rapid growth in borrowing and the decline in equity markets.
Price controls, demand growth and a drought-induced decline in hydropower production are among the many culprits contributing to this problem.
So, tax hikes at the upper end can indeed inhibit growth in entrepreneurship and the subsequent decline in poverty that often comes with it.
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It's better to live in a place that's about growth and development than a place that's about decline, disability and death.
The main conclusion from this demographic work is that, barring a new increase in female labor force participation or a significant increase in the growth rate of the population, these demographic factors point towards a further decline in trend growth of employment and hours in the coming decades.
Venezuela's GDP increased 10.3 percent in 2006, experts expect a slowdown of growth to 7.8 percent this year and 6.6 percent in 2008.11 A further decline in Venezuela's impressive economic growth would further reduce tax revenues, and subsequently create a larger budget deficit.
We expect 15% growth in notebooks, 30% growth for netbooks and a 1% decline for desktop PCs.
Where some other investors only see decline and decelerating growth, second-generation money manager Thompson, 35, sees a pack of angels who have only stumbled.
And owners of small businesses are finding it necessary to turn to what is essentially a black market in finance as loans available from banks decline and the growth of the money supply slows.
There will be close to 50% growth in costs, and margins will decline as Facebook intends to hire aggressively to support the development of host of features including gifts, graph search, custom audience and app-install ads.
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Not even an awful industrial new orders report for the euro area which posted twice the decline expected and moved from 2.4% growth in June to a decline of 2.4% in July could slow the common currency.
Indeed rather than a dramatically overvalued ruble, which is what would happen if Russia were suffering from Dutch Disease, the most dramatic threat facing Russia in 2012 is that, as global growth retreats and prices for natural resources decline, the value of the ruble will stumble even further and require costly Central Bank interventions to prevent a panicky devaluation.
At that time, the chatter focused on the decline in growth of iPods and potential cannibalization of iPods by the iPhone.
In sub-Saharan Africa, where much of the population lives on the edge of subsistence, poverty and slow economic growth, or outright decline, increased the likelihood of future state collapse, thereby trapping the countries in a vicious circle of poverty and political instability.
The subprime mortgage mess and ensuing financial markets collapse led to economic growth rate plummeting and high unemployment levels that led to a steep decline in disposable income levels.
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And they know the causes: a decline in economic growth made worse by regulatory thickets (with or without societal benefits), and entitlement obligations and tax regimes that drove the entrepreneurial instinct out of Europe.
In addition, the slowing growth in China, India and other Asia-Pacific countries has contributed to an overall decline in the growth anticipated in the global airline industry post the downturn of 2009.
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But if concern over fiscal austerity generates tax increases across Europe, the decline in growth will be greater and could spill over to the United States.
As a result, Thailand's government implemented various steps to help stoke domestic demand in an attempt to offset the decline in exports and sustain growth in the economy.
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The new zones will be focused on areas of high growth potential, not just physical decline, and will be tailored to the individual needs of an area, it says.
The ever cautious Witty won't make sales forecasts but says underlying revenue growth is 6% when Avandia's decline and other one-time events are excluded.
Also on the positive side of the ledger was a 3% growth in disposable incomes and a strikingly large 10% decline in unemployment to a post-Soviet low.
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In other words, growth will decline because taxes are going up (and higher taxes have a negative multiplier) and because lower government spending will have a negative effect on the economy.
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