1. And defense spending has declined significantly in a small number of high income states, such as California, Colorado and Connecticut. 2. At the same time, residential construction spending could decline as several housing market indicators point to a slowdown in the industry. 3. Additionally, he said government spending has been declining while the economies of major trading partners in Europe and North America are slowing. 4. Both companies are jockeying for position in a market niche they say will be lucrative, even though government spending is declining. 5. Defense spending declined swiftly after Korea, leaving a peace dividend that could be deployed elsewhere. 6. Defense spending declined for the third consecutive quarter. 7. Federal spending declined during the summer because tens of thousands of census takers left the payroll. 8. Farm inventories were also smaller than previously estimated, export growth slowed and defense spending declined. 9. Government spending is declining even faster than the prestige of a military career. 10. Household spending has declined in recent years largely because wage growth remains sluggish, economists said. |