51.   A significant proportion has come from non-government sources, such as local enterprises raising money in the stock market to expand production in expectation of an approaching economic upturn.

52.   But experience showed that economic upturn did not automatically reduce it, he said.

53.   But the Japanese market could come under further pressure due to uncertainty surrounding a global economic upturn, dealers said.

54.   Equity markets appeared to be trying to recover by anticipating an economic upturn, Lonski said.

55.   This, coupled with a cautiously optimistic statement from the Fed, has persuaded market watchers that the United States will lead rival economies into any global economic upturn.

56.   Unemployment rates traditionally lag any economic upturn as employers can initially lift production without new hiring by utilising excess capacity, it said.

57.   Murayama, who is head of the Socialist Party, is campaigning for the polls with a prediction that there will be an economic upturn by the fall.

58.   One-third of economically active people in South Africa were unemployed and the economic upturn is failing to create jobs, the bank said.

59.   Rexrodt said conditions for continued economic upturn were good, on the whole.

60.   Schulte said on ZDF television that given the economic upturn the employers must agree to pay more wages.