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Recent data from market analysts at Kantar Worldpanel also indicated Tesco had halved the pace of its sales decline as price cuts helped stem the loss of customers.
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Given that Americans have $20 trillion of housing wealth, a 10% price drop could easily halve the pace of consumer spending growth, sending the economy perilously close to recession.Such a dramatic drop in national house prices this year is possible, but not yet probable.
Premier Foods' board has backed Darby, who since joining in 2013 has halved a near £1bn debt, stepped up the pace of new product development, doubled international revenues and signed lucrative agreements with Mondelēz, the American foods group, and Nissin.
The pace of economic activity more than halved over the most recent fiscal year due to the impact of the global recession.
First, he halved the number of licensees.
That decision halved the number of available visas.
The pace of home sales in the county has halved since last year while the stock of unsold homes has doubled.
Williamson suggested that the three surveys – of manufacturing, construction and services – taken together suggested that the pace of growth in the economy may have halved between the first and the second quarters of the year.
"World oil markets will remain oversupplied at least until late 2016 … although the pace of global stock builds should roughly halve next year," it said in its monthly report.
Has said a pre-election Labour pledge to halve deficit in four years was a "mistake" - saying the pace of spending cuts was "not deliverable".
The upmarket property company Hamptons International halved its growth forecast for Greater London next year to 3% after the 15% predicted for this year, saying the pace of growth had started to slacken.
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