In the last two quarters of 1999, productivity surged, rising an annual rate of 5 and 6.9percentt, respectively.
Total debt has surged, rising from about 150% of GDP in 2008 to more than 250% today (see chart 2).
The nation's demand for oil has surged, rising more than 35 percent over the past four decades, while domestic production has declined by a third.
While revenue has declined, federal spending has surged, rising more than 30 percent since 2007, as more people have received help from the government.
Manufacturing, however, continued to surge, rising 8percentt in the quarter after a 7.6percentt advance in the previous period, while services jumped nearly 9.5percentt, compared with 8.5percentt growth in the previous quarter.
There is currently no requirement in the legislation for the person who buys the Starter Home to live in the property Credit card debt and personal loans have surged Rising property prices, living costs and rents have condemned people to living in properties where they no longer want to be.
In this environment, the yield on commercial paper has surged, rising to 6.11% last week far above the 5.25% rate from a few months ago.
Furniture and household appliance sales continued to lead the surge, rising 36percentt, while clothing and shoe sales climbed 22percentt.
(While we're not at risk of major earthquakes and tsunamis, our nuclear stations are vulnerable to sea surges, rising sea levels and terrorist attacks).
ONLY a few months ago Kevin Rudd, Australia's prime minister, was painting a dark picture about looming storm surges, rising sea-levels, a fall of over 90% in irrigated farming and a drop of nearly 2.5% in GNP over this century unless Australia took action against climate change.
