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As inflation declined, real rates rose sharply.
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Declining real returns explain much of this change.
However, declining real wages have made consumers reluctant to borrow, undermining efforts to increase consumer spending.
"At the low end, you have lots of jobs and declining real income," she said.
The only thing to fear, they say, is declining real estate values.
The average young Saudi faces diminishing opportunities and declining real income.
The much bigger losses will be in declining real estate prices.
The only thing to fear, residents say, is declining real estate values.
Much has been made of the declining real estate market in Sacramento, Calif.
Declining real wages and a modest upswing in productivity have together produced a sustained drop in unit labour costs.
Declining real wages, high unemployment and cutbacks in social programs affect a wide swath of the economically vulnerable.
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