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But a survey by the Philadelphia Fed suggested that business activity was deteriorating sharply.
"However, for the time being the situation does not seem to be deteriorating sharply".
One of the most important diplomatic relationships in the world is between China and the U.S., and it is deteriorating sharply.
Tensions between London and Jerusalem have increased markedly since Binyamin Netanyahu's far-right government came to power last year after deteriorating sharply during the war in Gaza, in which 1,400 Palestinians and 11 Israelis were killed.
Good accounts still outweigh the bad, but with funding at its tightest ever, waiting times deteriorating sharply, and GP waiting rooms and hospitals full to the rafters, how long will that be so?
The figures published on Thursday will renew fears that the NHS's finances have been deteriorating sharply in recent months, especially as a result of many trusts having to hire extra staff, notably nurses, in order to ensure safe and high-quality care in the wake of the Mid Staffordshire scandal.
Similar(54)
Government finances will have deteriorated sharply.
They deteriorated sharply after the flotilla bloodshed.
Soon Scorsese's health had deteriorated sharply.
Peasant status from eastern Germany to Muscovy consequently deteriorated sharply.
By late July, however, the credit market had deteriorated sharply.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com