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With diminished prospects for wage-and-salary work in recent years and projections of sluggish growth for at least the near term, as documented in the Congressional Budget Office's February report on the economy, it's natural to look for alternative forms of employment as a way for older Americans to cope with the current macroeconomic climate.
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Sujan Hajra, chief economist and executive director at Anand Rathi Financial Services in Mumbai: Given the macroeconomic climate – slowing growth, stable inflation, high fiscal deficit and current account deficit – this is the best budget that could be rolled out in these circumstances.
The macroeconomic climate is not helping.
America's current macroeconomic advice is much more reasonable.
Therefore, it was not the draconian budget expected in the current macroeconomic situation.
"We are very realistic about the macroeconomic climate, but we are optimistic about Google's future," Mr. Schmidt said during a conference call with analysts.
"Shareholder have raised concerns particularly over its scale and perceived complexity against the backdrop of current macroeconomic uncertainty," G4S's chairman, Alf Duch-Pedersen, said in a statement.
A.M.D. declined to provide a forecast for its current quarter, saying only that it expected sales to keep declining "in light of the current macroeconomic conditions, very limited visibility and continued corrections in the supply chain".
DMG's Günter Dielmann estimates that three-quarters of the improved profit performance in 1996 is due to this, and only a quarter to the combined effects of a more favourable exchange rate and macroeconomic climate.
The European Banking Authority has said that it will be run against two hypothetical economic possibilities: a "baseline" case and an "adverse" macroeconomic climate to assess the solvency of the banks involved.
Another important force driving the growth of Zumper is the macroeconomic climate.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com