With economic headwinds dissipating, the United States prospects for faster GDP growth appear promising. But there is also a significant risk that a large and unnecessary dose of fiscal austerity will weaken demand, undermine confidence, and tip the economy back into recession.

Even immigration reform a bipartisan pro growth issue with considerable support from much of American society has languished unnecessarily. More broadly, Congress took no significant action to avoid headwinds that impose a drag on growth and discourage companies and individuals from investing in their future.

Taken together, African politics, demography, and the delayed arrival of new technologies imposed severe headwinds against per capita growth of agricultural output in the last quarter of the twentieth century. But, looking forward, as these headwinds fade, faster growth and poverty alleviation are becoming easier to achieve.

Achieving this goal will be no small feat. China s economy is caught in the crossfire of structural and cyclical nbsp headwinds.

I was skiing into headwinds for nine out of the 10 weeks I was alone last year, and I was drifting backwards most of the time.

With significant elements of the global economy and external demand facing headwinds, China s acceptance (so far) of a growth slowdown, while its new growth engines kick in, is a good sign, in my view. It suggests that policymakers are playing for longer run sustainable growth and have become warier of policies that, if used persistently, amount to a defective, unsustainable growth model.

There is certainly cause for concern. Slow and uncertain growth in Europe a major trading partner for both the US and China is creating headwinds for the US and China.

We continue to face strong headwinds originating from the deepening European debt crisis, as well as geopolitical tensions in the Middle East. China, once the world s unstoppable growth engine, is slowing.

The timekeepers are central banks. But their control of the clock is less than perfect and it will become increasingly ineffective if economic improvement faces additional political headwinds in the months ahead.

The economic headwinds are formidable fiscal austerity, high interest rates outside AAA rated countries, credit cutting by banks, deleveraging households, weak private sector investment, and declining exports as the global slowdown undermines demand.

Highly significant relationship.

Significant problems remained.

Other significant developments

A significant breakthrough.

A significant initiative.

BERLIN In his speech at the 2015 World Economic Forum meeting in Davos, Chinese Premier Li Keqiang acknowledged that China s economy is facing strong headwinds. Annual GDP growth in 2014 was 7.4 , the lowest rate since 1990.

In the US, the story is one of continued recovery as the headwinds slowing growth dissipate. State and local government budgets are improving, the housing market is strengthening, and households are deleveraging and repairing their balance sheets.

For other countries, including the US, medium term issues came to the fore. But, rather than catalyzing sensible policy discussions, these issues played into polarized and polarizing politics, creating new and more immediate headwinds to economic growth.

They're not statistically significant.

This is very significant.

It's significant to us.

There's a significant difference.

Significant cross jurisdictional initiatives

These differences were highly significant.

Do you think that's significant?

There were other significant reactions.

Relative poverty, however, is significant.

No significant contamination was detected.

Residential investment is still at an historic low as a share of GDP as a result of overbuilding during the 2003 2008 housing boom and the tsunami of foreclosures that followed. But the headwinds in the housing market are dissipating.

Significant issues in exchange of information

That line of enquiry is significant.

This is a truly significant achievement.

Russia also delivers significant humanitarian assistance.

(b) Interlocutory appeals most significant decisions

Even the one factor that has effectively increased disposable incomes and augmented demand sharply declining commodity prices, particularly for fossil fuels is ultimately problematic. Indeed, for commodity exporting countries, the fall in prices is generating fiscal and economic headwinds of varying intensity.

Economic growth rates in other systemically large countries, including Turkey and Mexico, have risen as well, despite European and US headwinds. Many African countries, too, are showing a broad pattern of sound macroeconomic fundamentals, durable growth acceleration, economic diversification, and investor confidence.

Obviously, the distinction is significant, but it is submitted that it is only significant within the framework of the criterion of intention.

So, she is pretty significant in size.

After treatment, the child gains significant functionality.

The system tracks the four significant fingers.

In 1996, two significant events took place

However, significant differences remain among developing regions.

However, a few significant restrictions still remain.

A study reported a warming of the surface layer characterized by a significant increase of inter annual oscillations and a significant spatial variability.

He is right. But the real worry is not the risk associated with near term challenges, like Japan s return to recession in 2014 or the eurozone s enduring sluggishness it is the gale force headwinds that the entire world will face over the next half century.