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Other key economic drivers, like construction spending and bank lending, remain in the doldrums, keeping this recovery considerably below previous ones.
For years, China has relied on cheap credit, heavy manufacturing, infrastructure investment and exports as key economic drivers — a combination that produced double-digit annual growth rates for much of the past 30 years.
There is no escaping the fact that the business which comes to India from the European Union and the U.S. has a trickle-down effect on key economic drivers in India, and the Finance Ministry does not control these factors.
Optimizing these key economic drivers is one of the most difficult aspects of building a successful freemium business.
Still, Miami is also one of the biggest embarkation points for the domestic cruise industry, which is one of the city's key economic drivers.
Neoclassical growth models (Solow 1956; Swan 1956; Barro 1991) specify three key economic drivers as the engine of growth: increasing capital relative to labor, higher rate of returns for underdeveloped societies and finally diminishing returns to capital.
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The construction industry, a key economic driver, has been particularly hard hit.
Toyota, Sainsbury's, WalMart, DuPont, Tesco, Unilever, Marks & Spencer and General Electric have made tackling environmental wastes a key economic driver.
Growth in investment in factories, housing and other fixed assets, a key economic driver, weakened to 12 per cent in 2015, down 2.9 percentage points from the previous year.
Beijing has embarked on a fundamental transition intended to make domestic consumption the key economic driver instead of massive public spending and cheap exports.
"As our fourth-biggest service export, and one of our fastest growing sectors, tourism's importance as a key economic driver and job creator is clear.
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