While-the-concurrent-state-of-the-economy

Consumer confidence is waning, foreign direct investment has plateaued and international trade and currency war is further aggravating the problem.8 per cent in Q1, before improving to 6.

Data so far for July show that 53 per cent of indicators have improved compared with 31 per cent in June, the report noted.9 from 99.7 per cent amid contraction in consumption, weak investments and an under-performing service sector, says a Nomura report.Nomuras Composite Leading Index (CLI) for Q3 (July-September) has ticked marginally higher to 99."We currently expect GDP growth in Q2 to slow to 5. Meanwhile, the automobile sector is facing its worst crisis in two decades and reports suggest thousands of job losses in the auto and ancillary industry.New Delhi: Indias economic growth is set to slow further in the April-June quarter of this year to China Wholesale Custom Back-lit crystal letter Signs 5.8 in Q2, led by higher industrial production growth, an improvement in visitor arrivals growth, equity markets and lower policy rates.

"High-frequency indicators continue to show familiar pain points – a deep contraction in consumption, weak investment, a slowing external sector and an under-performing services sector," Nomura said in a research note."

While the concurrent state of the economy remains quite concerning, nascent signs of green shoots and positive performance of leading indicators provide some signs that a recovery may be slowly materialising," the Nomura report said.According to the global financial services major, even though growth is set to slow further in Q2 (April-June) the economy is expected to see some recovery in the July-September quarter.Though there are increasing signs of the government taking stock of the slowdown, and possibly announcing some short-term measures to buoy business confidence, Nomura assesses limited fiscal space for any substantive stimulus.The report added that some indicators are showing early signs of bottoming out.

To take stock of the situation, Finance Minister Nirmala Sitharaman held several meetings with officials and industry leaders who have asked for stimulus measure to boost consumer demand and private investments.7 per cent YoY from 5. There are ominous signs showing that slowdown may be deep.In the real estate sector, the number of unsold homes has increased, while fast-moving consumer goods companies have reported a decline in volume growth in the first quarter.8 per cent in 2018-19 - the slowest pace since 2014-15.The Central Statistics Office (CSO) will come out with the GDP figures for the first quarter (April-June) on August 30.Indias economic growth slowed to 6.4 per cent YoY in Q3 and 6

The New York State Experience

“If the governor had put his ego aside, adhered to federal highway rules and found some way to compromise before he disregarded the law, we could have avoided this embarrassing debacle,” said state Assemblyman Joseph Errigo, a Republican from western New York. And the ongoing saga has provided plenty of fuel for the governor’s critics.The big, blue “I Love NY” signs lined up in groups of five along New York state highways and roads are hard to miss.The agency says the signs don’t meet regulations and pose a potential distraction to drivers traveling at high speeds, and it has demanded that the state remove them by Sept. New York’s transportation department, however, has said the signs don’t pose a safety risk and there’s no evidence they’ve directly contributed to any accidents.The 500-plus tourism signs the state has installed from Long Island to Buffalo are at the center of a years-long standoff between the Federal Highway Administration and Democratic Gov.Cuomo, considered a possible candidate for president in 2020, has defended Wholesale Custom Back-lit crystal letter Signs the signs, once calling them “a great, great success for this state. But she’s concerned that including a website address and the name of an app may entice some drivers to reach for their cellphones..”According to Nancy Grugle, a Colorado-based distracted driving expert, an in-depth analysis of New York’s tourism signs would have to be conducted in order to determine whether they’re a distraction to drivers.” New York newspaper editorial pages have also blasted the signs, with Long Island’s Newsday calling them “useless eyesores” that “seem to pop up with brutal regularity. Even before then, however, the Federal Highway Administration had told the state the signs didn’t comply with federal standards because they’re too big (sizes range from 6 feet-by-8 feet to as large as 10 feet-by-15 feet), contain too much information (website addresses are a particular no-no) and don’t provide any navigational information.Despite Cuomo’s assurances that the tourism campaign had run its course and the signs would be dismantled by the start of the summer vacation season, no signs have been removed. Andrew Cuomo.Marc Molinaro, the GOP candidate trying to prevent Cuomo from winning a third term in November, called him “Albany’s self-appointed fashionista.” The next four signs feature those categories: “Attractions,” ″History,” ″Eat Drink” and “Recreation. And that, say federal transportation officials, is the problem.”While the “I Love NY” logo (with “Love” depicted as a heart symbol) has been around for decades, Cuomo launched the initiative to put it on highway signs in 2013 as part of a campaign to boost the state’s $100 billion tourism industry.After the first signs were installed, the program was expanded in 2016.State officials have been vague about the signs’ fate but said this past week that they “fully expect to have a mutually beneficial agreement in place well before the September deadline.” At the bottom of each sign are the state tourism office’s internet site — ililovenycom — and a promotion for the “I Love NY” app.The plan called for erecting five-sign groups, with the first in each series featuring logos for four specific tourism categories under the words “The New York State Experience.” He considers them a key component in spurring the state’s tourism industry, which the administration says attracted nearly 244 million visitors in 2017, a 4 percent increase over the previous year.Despite the Federal Highway Administration’s warning, the Cuomo administration went ahead with the sign project, which cost state taxpayers more than $8 million. 30 or lose $14 million in federal highway funding. That comes out to about $15,500 to make and install each of the 514 signs, many of them posted along the 570-mile (917-kilometer), state-run New York Thruway system