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"They are maintaining their spending in light of a pretty clear slowdown in income, especially in wages and salaries".
It's not only facing a traditional policy-induced slowdown -- which is brought about by the combination of rising rates, tight fiscal policy, the strong dollar killing off refinancing cash flows, taking real wages back to negative growth -- but also on top of that we have the tech sector in clear slowdown.
The U.S. economy is undergoing a clear slowdown in the last year.
"We had a clear slowdown in [satisfaction] growth this year, and an outright decline during the last two quarters," notes Claes Fornell, the report's author.
Inspection of the shape of EPSCs also revealed a clear slowdown of the kinetics in pyramidal neurons from stressed rats (see, e.g. Figs 5A and 6A).
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"The business environment surrounding Sony in the first quarter was characterized by clear economic slowdown in such primary markets as the U.S., Europe, Japan and Asia," the company stated.
And the wider message seemed clear: The slowdown placed the Cameron government's $128 billion, four-year program of spending cuts and tax increases — policies on which it has staked its survival — at sharply heightened political risk.
Despite a clear economic slowdown — China's 2015 GDP growth was its slowest in 25 years — most Chinese remain optimistic about their economic future and confident that their leaders can take on a range of domestic challenges.
Facebook's declining growth is specific to Facebook and reflect clear organic slowdowns in its business," the analysts write.
Regardless of the number, the direction is clear, and the slowdown is being felt nationwide.
"It is pretty clear that a slowdown is in process," said Brian Bethune, chief United States financial economist for IHS Global Insight.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com