Soft Patch


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Related to Soft Patch: Economic exposure

Soft Patch

A period of weak economic performance amid a longer strong performance. That is, a soft patch is mild slowdown between two periods of high economic growth. Central banks usually cut target interest rates during a soft patch to encourage a return to growth. The term is somewhat informal and usually used in the media and by the Federal Reserve.
References in periodicals archive ?
However, even using the soft patch or EWARP requires work controls and quality assurance to ensure an effective, temporary repair.
We are going to see a softening economy, but after that soft patch in 2007, we're going to grow," he told the joint House and Senate revenue committees.
The government and the BOJ declared in early August that the nation's economy had emerged from a soft patch stemming from inventory adjustments in the information technology sector.
Paint a small circle of tincture of iodine on a soft patch of skin and see how long it takes to disappear.
It was preparing to take 140 passengers to a second Caribbean island, St Lucia, when its wheel became stuck in a soft patch of asphalt while turning on the runway.
In 1976, workers struck a soft patch of rock, and 80 tons of water per minute pounded into the tunnel.
Partial data suggest a significantly stronger increase in the second quarter, as the economy, as expected, accelerated out of its soft patch around the turn of the year.
Following a rapid recovery from the 2008-09 recession, growth has slowed in the second half of 2011 and the economy is facing a soft patch with significant downside risks to activity.
PARIS, Shawwal 25, 1435, August 21, 2014, SPA -- European stocks rose on Thursday, extending their sharp two-week rebound, boosted by better-than-expected German private sector growth figures which reassured investors about the outlook for Europe's biggest economy following a soft patch, Reuters reported.
Summary: US companies hired the fewest employees in seven months in April while manufacturing growth slowed to a crawl, suggesting the economy has run into a soft patch as budget-cutting in Washington starts to bite.
The more bullish forecasters that believe we are only experiencing a cyclical soft patch are likely to be disappointed when growth struggles to get above 2 percent in the second half of the year.
This strengthened hopes that the US economy was coming out of its recent soft patch and helped the FTSE 100 Index rise 51.