This exceeds the average rate decline for all credit cards, meaning that they are now more expensive on an inflation-adjusted basis.
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It was largely responsible for a shocking business formation rate decline of 14.3 percent in the third quarter of 2007 in Arizona, rates of business formation in California and New Mexico increased over the same time.
The company also expects gross profit rate to decline at a rate similar to that experienced last quarter, owing to investments in new product launches.
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"While the manufacturing sector continues to decline, the rate of decline has slowed very quickly, giving some hope that recovery may come faster than is generally found in a major downturn, " said Norbert Ore, chair of the ISM's Manufacturing Business Survey Committee.
That is true even of businesses whose cash flow is in long-term decline, such as newspapers, as long as the rate of decline is relatively predictable.
And a trend of 5% growth in the December quarter, followed by a 1.3% decline to 3.7% growth in the March quarter, followed by a 2.1% decline to 1.6% growth in the March quarter is a chilling rate of decline.
The rate of decline in industrial output in Spain increased in February, according to official figures.
The research firm said the rate of decline in manufacturing "showed signs of moderating".
The Philly Fed survey also was lower, but its rate of decline was slower.
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However, in the long run we expect the rate of decline in volume to be around 2-3%.
While Japan muddles along disappointingly, the rate of decline of Asia's smaller economies continues to exceed expectations.
The unemployment rate did decline to 9.7% in May from the previous 9.9%.
Raising it to 70 would halve the rate of decline in the workforce.
But this rate of decline should fall to 0.1% in 2010, it added.
The availability of permanent staff continued to deteriorate last month, with the second-sharpest rate of decline for almost five years.
From 2000, Japan's working population will start shrinking, reaching an annual rate of decline of more than 1.5% by 2014.
Nevertheless, it expects to register growth in advertising revenue this quarter as well, though it estimates the growth rate to decline.
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Half the long-term rate of decline is attributable to that country alone, which has taken 660m people out of poverty since 1981.
The steepest fall was in job adverts, although the company said the rate of decline slowed in this category and all others.
Data on Friday showed that while contraction in the eurozone's manufacturing sector had continued in January, the rate of decline had slowed.
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Will, for example, a two-year trial demonstrate sufficient benefit when the rate of decline in patients might occur over a 10-year period?
Office for National Statistics data showed that manufacturing output fell by 0.5% in March, the sharpest rate of decline in six months.
Its troubled home shopping arm - which includes Kays and Innovations catalogues - saw its rate of decline slow as it cut prices.
And if past experience is any indicator, the rate of decline will be higher in weapons accounts than other types of military outlays.
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The rate of decline of most T-cell and B-cell lymphocytes was faster in men, while men also showed a more rapid age-related decline in two cytokines.
It was the fourth straight year of declining revenue for the AP, but the rate of decline has slowed sharply the last two years.
Although the rate of decline has slowed down, we do not foresee a case where the DVD subscriber base will stabilize, let alone grow.
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The rate of decline slowed slightly, principally because of EL James' Fifty Shades trilogy, which accounted for one in every 20 books bought last year.
In fact, figures for 2012 show that while e-book sales are still on the rise, the rate of decline in print sales has actually slowed.
The rate of decline was the fastest recorded since last December.
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