1. He credits competition among retailers and higher productivity in the steel, automotive and oil industries for powering the economy. 2. If consumers borrowed less in June than they did on average in previous months, they will be less likely to power the economy in the coming months. 3. Iran, which is sitting on untapped oil reserves, does not need nuclear reactors to power its economy. 4. It remains unclear, he said, whether other forces that typically power an economy out of recession will kick in this time. 5. The Philippines hopes to replicate the success its neighbors have had in using export earnings to power the economy. 6. Japan also depends completely on imported oil that arrives through shipping lanes in the South China Sea to power its economy. 7. The booming U.S. economy has been powered by consumer spending, which accounts for two-thirds of all economy activity. 8. The booming U.S. economy has been powered by robust consumer spending, which accounts for two-third of total economic activity. 9. The booming U.S. economy has been powered by robust consumer spending, which accounts for two-thirds of total economic activity. 10. The government is also under heavy international pressure to power the economy out of the doldrums and provide a more robust market for products from ailing Asian economies. |