No wonder consumer confidence is down, the housing market is expected to decline an additional 10percentt over the next year, and the job market is predicted by most of the experts to stagnate for years to come.
Meanwhile, UK jobless claims are expected to decline a mere 0.4% in the fourth quarter after rising in the three months through September, confirming a marked deteriorating in labour market recovery through the second half of last year.
Home prices are down 32 %, 27 and 9% and 9%ctively, in yearespectivelyterms, and are expected to decline a further 53%, 48% and 39% in each area, according to our calculations.
Catches in the tropics are expected to decline a further 40% by 2050, and yet some 400 million people in Africa and Southeast Asia rely on fish caught (mainly through artisanal fishing) to provide their protein and minerals.
Vacancy rates are expected to decline a bit even as more new apartment buildings open.
For example, postal service workers is a job category that includes several categories, many of which are expected to decline a great deal.
After a third-quarter chipset inventory write-down and larger-than-expected reserve, inventory fell $43 million "and is expected to decline by a large magnitude" in the fourth quarter, the firm said.
Compared to the BAU 2030 scenario, domestic household food consumption is expected to decline by a small degree under the CKM 2030 scenario.
In fact, the Business and Institutional Furniture Manufactures Association, an industry trade group, says office furniture demand is expected to decline on a year-on-year basis throughout 2009 and only start to rise again during the second half of 2010.
