trend growth

What's more, this was the eighth successive month of above-trend growth in the national house price index.

Taking into consideration trend growth, the negative growth would be half as much.

The reason is the tried and tested policy and practice of limiting spending increases to within the trend growth rate of GDP over time .

Over the past decade, the trend growth rate has increased as a result of heavy investment and faster improvements in productivity.

India's trend growth rate has almost certainly increased but it is still nowhere near as high as China's.

Similar to Gonzalez-Paramo's assessment of the euro-zone, many U. S. officials concede the risk of lower trend growth rates going forward.

It should be noted once again that rapid labour market recoveries are associated with periods of rapid, above-trend growth.

It is even quite likely that the trend growth of the world economy is considerably slower than was hoped a few years ago.

But if the economy continues to generate above-trend growth and inflation pressure builds, the debate inside the Fed will grow louder.

Suppose country A has a long-term potential (trend) growth rate of 3% and country B one of only 1. 5%, due to slower labour-force growth.

Job-creation improved but productivity increases slowed, leaving the region's trend growth rate much the same as before EMU.

From the whole screen printing industry trend growth rate of achievements.

But if corporates can deliver productivity gains of 3 per cent or more, the trend growth rate will also remain close to 3 per cent.

Weaker investment is one reason why the trend growth-rates of some Asian economies have slowed over the past decade.

The National Institute of Economic and Social Research, a think-tank, reckons that trend growth is now 2. 4% a year.

Most observers are adamant that there has been no change in the trend growth rate.

Even emerging market economies will experience below-trend growth rates.

He sees the trend growth rate easing over the coming decade, but not dramatically.

Americans need to prepare for a recession or, at best, a prolonged period of below-trend growth.

What if a slowdown in trend growth exacerbates the fiscal problems that most countries are already going to face as their populations age?

The IMF estimates that America and Britain have faster trend growth rates than Japan or the euro area.

The firm expects a slowdown in trend growth over the next few years to 7-8% rather than the 8-10% level of recent years, they write.

That is because an economy's trend growth rate cannot be measured directly.

Another view of declining trend growth is the decline in nominal GDP.

The global economy has been reflating over the last year, characterised by below trend growth, falling inflation and easy money.

Figure 4. 12 shows a stylized view of recessions, but as trend growth dips, the economy will fall below zero percent growth more often.

That is because a period of below-trend growth will help dampen inflationary pressure by increasing the amount of slack in the economy.

In Europe, the trend growth in productivity is very weak despite a better 2006.

Average trend growth in sales is steady at 0. 2 per cent a month, from 0. 5 per cent in the first decade of this century.

Will the US return to pre-crisis GDP trend growth of 3 per cent in 2013?

Yet despite that above-trend growth, the economy shed more than 760, 000 jobs in the third quarter, according to Labor Department data.

We are not yet back to trend growth levels.

(Here's a good discussion of business cycles and their relation to trend growth. )