For the recession of 2008 to have ended would have required the GDP to grow back to its former 2007 peak, which it has not been able to do.
In days past, high tech grew at five times the rate of GDP, but in the future tech will grow at only twice GDP, Fiorina figures.
On average, the economists now predict GDP will grow 2.6% in the current quarter at a seasonally adjusted annual rate, up from the 2.4% growth they projected in last month's survey.
The City had expected GDP to grow by 0.5%, in line with a forecast from the Office for Budget Responsibility (OBR) in late November.
The experts predicted real GDP to grow at an annual rate of 1.6 percent this quarter, down from the previous estimate of 2.5 percent, and, over the next three quarters, they expect GDP growth to average 2.1 percent.
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Grow the GDP part and the debt to GDP ratio will naturally fall.
For example, in 2007, while the government projected GDP to grow 8 percent, actual GDP growth came in much higher at 14 percent.
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For 2009 the U.S. central bank expects the GDP, at best, to grow by 1.1%, but the forecast band runs as low as a 0.2% contraction.
In emerging markets, the industry should still be able to grow faster than GDP as the use of financial products spreads.
When the debt on which interest is paid equals the GDP level of a nation, the economy must grow faster than the interest rate to avoid debt-servicing costs consuming all the benefit of economic growth.
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The Federal Reserve forecasts that GDP will grow by a bit more than 3% in 2010 and nearly 4% in 2011.
The prescription for Greece and others is a familiar one: relaxing the rules that govern jobs, wages and land development will allow the best enterprises to grow bigger and the duds to fail, boosting productivity, GDP growth and tax revenues.
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The PCI indicates that second quarter GDP will grow 1.8% on an annualized basis.
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The IMF says Libya's GDP may grow by more than 10% this year.
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But the amount of such total general revenue spending would be limited to grow no faster than the rate of growth of GDP.
In the report, OECD economists forecast China GDP to grow by 8.5% this year and 8.9% in 2014, one of the more estimates around.
On Wednesday, the World Bank upped the ante for China GDP, saying it would grow at 8.4 percent instead of their previous forecast of 8.1 percent.
Borrowing more money would remain an option, if Congress votes to do so, by super-majority vote providing it wants to borrow an amount that would cause the debt to grow as a share of GDP.
Yet the recovery remains anemic, with forecasts that GDP will grow only 2% or so this year.
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At that level, which is well above likely Greek GDP growth, the country's indebtedness would grow very rapidly.
The ACP believes that the expansion, once completed, will boost Panama's annual growth rate by 1.2 percentage points, helping GDP grow to 2.5 times the 2005 level by 2025.
Real GDP began to grow steadily starting in the third quarter of 2009 and private payroll employment has increased by nearly 600, 000 since its low point in December 2009.
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According to the OBR, it will slow the recovery a bit this year and next: GDP will grow by 1.2% rather than 1.3% in 2010 and by 2.3% rather than 2.6% in 2011.
If we analyze by annualizing that 203% growth in the consumer market, GDP per capita will have to grow at a rate of 6% and consumer spending will grow at 7.8% between now and 2020, outpacing GDP growth by nearly 2%, consistently for the next 8 years.
Judging from the GDP report published last Friday, the US economy continued to grow at a slow pace.
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Limit Federal spending on these block grants to grow no faster than the rate of growth of GDP, producing enormous long-run savings.
Because health entitlements under Obamacare will grow so rapidly that federal spending as a share of GDP will grow by more than 40 percent by the year 2085.
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The consensus among professional forecasters is that America's GDP will grow by 2% in 2012, below its underlying speed limit, and far too slow to bring the jobless rate down.
If real GDP in China and America continued to grow at the same annual average pace as over the past ten years (10.5% and 1.7% respectively) and nothing else changed, China's GDP would overtake America's in 2022.
It is far gloomier, for instance, than that envisaged in the EU retrenchment programme, which assumes that Greece will get its deficit below 3% of GDP in three years and that the economy can continue to grow as it does so.
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