Soft Patch

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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, there are very few soft patches and I may take that out of the equation in the morning after the frost covers are lifted at 7am.
The last time I walked the track, there were firm patches, soft patches and good patches, like a bag of liquorice allsorts.
At the moment the track is good with good to soft patches down the back, and good with good to firm areas in the home straight.
Derby reported the good to soft patches were in a few areas in the back straight.
I could have left it as soft, but I just felt there were enough good to soft patches to warrant the change.
There are some very soft patches, but the ground is a lot better than I thought it would be, and a lot better than what we've had at home for the past few months.
The going was described last night as good on the main track, with good to soft patches on the Grand National course.
Clerk of the course Andrew Tulloch left the going unchanged after the first day, describing the ground as good on all three courses - but with good to soft patches on the National course.
However, Sam Waley-Cohen praised the condition of the track, which had not been raced on since last November, after winning the Fox HuntersO Chase over the big fences on Katarino and said: OThere are definitely soft patches but it rode fairly consistently and there is a fantastic covering of grass.
The Flat course is very nearly good to soft all over, but by Saturday it's quite possible that the chase course will be slightly faster than good as all the soft patches have gone now.
The ground is good at present and it could be good, with good to soft patches, or even good to soft by Saturday.