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Due to this recent slowdown, we have shaved 2% off our forecasts.
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This, they say, explains much of the recent slowdown in the rise of surface temperatures that has puzzled climate scientists since it began in 1998.The slowdown is clearly good news.
This observation led some analysts to conclude that the worst of the recent slowdown may not be over.
These studies tend to agree that the recession played a big-but-not-exclusive role in the recent slowdown in cost growth, while disagreeing on how much of this slowdown it explains (one study says 77 percent, another 37 percent).
"This rebound in the leading indicators index is an encouraging sign that the recent slowdown in the economy may be short-lived," Nicholas Tenev, an economist at Barclays Capital, wrote in a note.
The lousy economy caused some of the recent slowdown.
Perhaps the recent slowdown is simply a blip.
One reason for the recent slowdown was a drop in net exports.
Having thus excluded the Great Depression, they claimed that the recent slowdown in the US is basically no different from other recent slowdowns, except larger.
Now the surplus projections continue to rise despite the recent slowdown in the economy.
Hence they have difficulty reproducing the recent slowdown in surface warming.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com