According to this view, companies like Etsy, Kickstarter and Quirky point the way to a new growth economy.
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The new town is part of the East Devon Growth Point plan by the county council, East Devon District Council, Exeter City Council and the Homes and Community Agency.
Economists estimated that this new data could trim nearly half a percentage point off second-quarter growth.
Animal studies have shown that stress damages brain cells to the point where it can inhibit neurogenesis (the growth of new brain cells).
Washington power grabs, new taxes and more regulation will knock a point or two off of normal GDP growth.
The President said yesterday in a radio interview that the government could take steps that could spur growth by up to 1.5 percentage point and add a million new jobs.
The report makes a strong case for broadband as a driver of economic growth and new jobs, citing country case studies and reports by leading consultancies that point to increased employment opportunities, higher labour productivity and a strong stimulus to GDP.
When Americans enjoyed economic growth in the 1950s and 1960s, liberals were able to point to the New Deal and subsequent federal programs as powerful evidence that government intervention can benefit the nation.
Moreover, recent indicators, including new claims for unemployment insurance and surveys of hiring plans, point to the likelihood of more sluggish job growth in the period ahead.
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But growth in these new markets has gone hand-in-hand with a shift towards lower-margin entry-point products, the firm conceded.
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.
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