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The effects of federal public works spending were largely offset by other factors, notably a large tax increase, enacted by Herbert Hoover, whose full effects weren't felt until his successor took office.
Motorola added that the charges were "largely offset" by the sale of securities.
True, many older firms expanded jobs, but gains were largely offset by cutbacks at other older firms.
"The state's finances are in line with the fiscal plan, since decreases in projected revenues were largely offset by decreases in spending," Mr. Gordon said.
"We did not have a massive net short position because our short positions were largely offset by our long positions, and our financial results clearly demonstrate this point".
The Rent Guidelines Board found that during this period the number of apartments removed from rent regulation for other reasons were largely offset by apartments added to rent stabilization through government programs.
Similar(43)
Fires represent a potentially large short-term release of carbon that is largely offset over longer time scales (decades) by the uptake of atmospheric carbon associated with forest regrowth.
The province's continuing exodus of English-speakers is largely offset by the declining local birth rate, and the large influx of immigrants tends to vote against secession.
But the burden for large corporations will probably remain unchanged, since proposed corporate tax cuts will be largely offset by levies imposed to help finance a job-creation plan that reduced the workweek to 35 hours from 40.
But the increases in those areas and others would be largely offset by cutbacks elsewhere.
The tough market in Europe and Latin America was largely offset by strong performances in China and northern Asia.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com