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That's what has caused a slowdown over the last two weeks," he said.
We are in the midst of examining the major causes of the income slowdown over the past decade and beyond.
But forecasters now believe that its impact will lead to a slowdown over the next year or two.
Manufacturing has been one of the few bright spots in the prospects for recovery, though other recent indicators have pointed to a slowdown over the summer.
HONG KONG — China's trade rebounded in July in a possible sign that its economy is stabilizing after a slowdown over the last year.
Echoing public comments made by Fed officials in recent weeks, the members of the open market committee anticipated a significant economic slowdown over the next several quarters.
Similar(29)
Consensus on what will come next is practically non-existent: perhaps the same rate of growth; or perhaps a massive demographic slowdown, an over-inflated economy, environmental meltdown and the strains of one-party rule will bring the whole edifice down.
If these same people start to think they are bearing the cost of Obamacare, there could be pressure to reduce the subsidies, or to further expand Medicaid, which is a cheaper option for insuring low-income and low-to-middle-income earners. 5. Will the recent slowdown in over-all health-care spending be sustained?
"For the superwealthy, I would suspect a modest slowdown year-over-year [for the holiday season]," says Brian Sozzi, a retail analyst at New York-based consulting firm Wall Street Strategies, "but not anywhere near those [levels] being seen at the low end, middle income and aspirational wealthy".
Some analysts also say they believe that the worst of the economic slowdown may be over, even if a recovery could take a long time, infusing some optimism into the oil market.
The latest quarterly report on economic growth showed real G.D.P. up only 1.4 percent over the past year, a marked slowdown from year-over-year growth rates posted in 2012.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com