Group items tagged

everything we can" to generate growth

production industries decreased by 0.4%, construction decreased by 3%

government spending

25% in public sector housing and 24% in public non-housing and with a further 10% cuts to both anticipated for 2013

guarded optimism

little more aggressive in terms of recruitment and investment.

their inventories

consumers increased their spending

overall weakness

businesses building up their stock of goods

confidence

the report showed GDP grew only 0.8% in the fourth quarter, compared with 3.2% in the third.

too weak to warrant higher interest rates any time soon

There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.

ere have been concerns that Australia's resources-led boom may be hurt by falling

ave been concerns that Australia's resources-led boom may be hurt by falling

There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.

In China, one of the biggest markets for Australian commodity exports, both the manufacturing and non-manufacturing sectors have seen the pace of growth slow in May, raising concerns about a slowdown in its economy.

Meanwhile there have been fears about the recovery in the US economy losing its pace after it reported weaker-than-expected jobs data for May.

However, there has been a slew of weak economic data that has come out since then.

accommodative stance

The country's housing market has seen prices fall and continues to remain subdued despite earlier cuts to the cost of borrowing

"We doubt it will be enough to get the economy on the right track. It's only a matter of time before speculation begins as to when the Fed will raise its purchases from $40bn a month."

the central bank buys bonds to keep the long-term cost of borrowing down.

The unemployment rate in the US has been above 8% since January 2009, but the current 8.1% is down from the recent high of 10% in October 2009.

US presidential election.

Ben Bernanke also lowered the Fed's growth forecast for the US economy to 2% this year, down from the 2.4% it predicted in June

"The committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labour market conditions,

Federal Reserve to buy more debt to boost US economy

the nation’s employers added the fewest jobs in a year and the unemployment rate actually rose,

serious vulnerability for President Obama as he faces re-election

The unemployment rate rose to 8.2 percent in May from 8.1 in April, though largely because more people began looking for work.

another recession.

The report on American jobs added to the global pall that has deepened with Europe’s debt crisis and slowing growth in China and India.

Yields on United States and German government bonds also slumped as investors bid up the bonds’ prices looking for safety.

The underlying pace of the domestic economy is a slog, driven by manufacturing and restrained by slackening global demand.

“Manufacturers are very concerned about Europe because a blowup in Europe means a global slowdown,”

diverse,

Obama’s economic policies.

The May jobs report showed gains in health care, transportation and warehousing, and wholesale trade, while construction jobs fell by a seasonally adjusted 28,000. Even some bright spots, like booming auto sales, failed to meet expectations or to bolster manufacturing employment by much — only 12,000 jobs.

Household spending

strong consumption numbers and an unusually large contribution from professional and scientific services

the sovereign debt crisis

falling demand for Australia's resources may hurt its economy

Government spending also fell

particularly large drop in military outlays.

Many economists pointed out that consumer spending, mostly on cars and other large items, seemed to have come at a cost. Consumer savings declined.

decline in business investment.

Businesses spent more on equipment and software but much less on infrastructure.

decline in investment in

construction related to mining, oil and gas

series of external shocks, like a spike in gas prices (this year’s was less severe and is already subsiding) and the Ja

panese earthquake.

where many countries are already in recession and where this week Britain announced that it had entered the dreaded “double dip.”

slowing of China’s breakneck

Shipments of durable goods increased last month, but new orders showed the steepest drop since January 2009.

unemployment benefits have risen.

30% of unemployed people having been out of work for 52 weeks or more, compared with 9.5% in 2008.

softness

investment and exports

interest rate cuts

potential for rises

growth and inflation

mining boom.

mining

employment.

2.855 million from 2.963 million

Germany's economy grew by 0.5% in the first quarter of 2012

Earlier Thursday, Germany's statistics office reported a higher than expected rise in retail sales in April, which economists attributed in part to the robust labor market.

However, Germany's Bundesbank warned last week that the first-quarter growth figure likely overstates the country's trend pace. Germany's powerful industrial sector will only make "a relatively small contribution" to growth given the still falling demand from the euro zone, the central bank said. However, a significant growth contribution could come both from construction and consumption, it added.

He added that TV revenue could be used to subsidise ticket prices, and claimed that the extra money coming into the game next season could be used to reduce ticket prices by £32.

When Stoke, a less glamorous side, visit the Emirates, for example, their supporters will be able to get in for just £32.50.

the campaign.

realised that plastic bags and single use bags were a "threat to our environment".

"Although there's been a lot of communication about this there seem to be a few consumers out there not quite ready for it yet.

charges for air cargo shipments

The other 10 airlines, which include British Airways, Qantas and Emirates, have already settled with the commission for a total of $35 million