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Instead, the tumbling of sales at one company often reverberates throughout the industry, leading to weaker prospects at its competitors and suppliers.
However, the weaker prospects for confidence, household incomes and the labour market mean that we do expect some modest falls in house prices".
But global growth forecasts have been revised down significantly for this year and 2014, in large part due to weaker prospects in many emerging market economies.
In light of the declines in the prices of energy and other commodities and the weaker prospects for economic activity, the committee expects inflation to moderate further in coming quarters.
The new reports offered further evidence of the "weaker prospects for economic activity" cited by the Federal Reserve as it cut its target overnight interest rate to a range of zero to 0.25 percentage points, a record low.
It cites weaker prospects for China, Russia, the eurozone and Japan as well as a slowdown in some major oil exporters because of the sharp drop in crude prices.
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Meanwhile, weak prospects for economic growth were also hampering efforts to curb the country's debt burden, the agency said.
The Kremlin has accused Mr. Poroshenko of manufacturing the crisis to strengthen his weak prospects in a March presidential election.
Weak prospects for growth could depress investment and slow down trade, leading to even weaker demand and limiting the scope for productivity gains.
Moody's Investors Service on Friday cut Britain's credit rating by one notch to Aa1 from Aaa, citing weak prospects for economic growth.
All of which suggests that the drugs underpinning nearly two-thirds of Lilly's existing profit may have weak prospects for growth.
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