Consequently, the most recent housing market
upswing started from a high level of real house prices relative to history.
At the same time, there has been a big
upswing in seismic activity in the North Sea this year.
" The Volkswagen group is benefiting disproportionately from the
upswing in the most important car markets, " Martin Winterkorn said reported Reuters.
Dawn Humphries, communication manager at FNB, said: "during the last couple of weeks FNB has once again been alerted to an
upswing in attempts of fraudulent activities, be it card swopping or cloning, internet phishing or identity theft."
Mr King added: "Pump prices remain precarious with the possibility of a new
upswing, and it will be bad timing if the 1p-a-litre fuel duty increase in October coincides with another pounds 1 on the cost of a tank of petrol."
Decline 22% No Change 23%
Upswing 55% 2008 WIFS outlook for profitability of the California wine industry during the next two years Note: Table made from pie chart.
Key 10-year JGB yield rises in morning on stocks'
upswing"I think these incidents may be on the
upswing," says Cohen.
What makes this and each impending
upswing stand out is the increasingly finite amount of developable land.
With new investments, rising employment, and an improving stock market, Langberg believes the industry is in the beginnings of a new
upswing.
To measure the inflationary impact of excess demand during an
upswing in the business cycle, the output gap, (y - [bar.y])[.sup.upswing], takes the value of zero when the output gap is negative and its actual (positive) value otherwise.
It seems more likely that a decline of total precipitation and humidity would be the direct cause of both temperature and fire incidence ("The Long Burn: Warming drove recent
upswing in wildfires," SN: 7/8/06, p.
