Economic Slowdown

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Economic Slowdown

A situation in which GDP growth slows but does not decline. For example, if GDP goes from 5% growth to 3% growth, an economy is experiencing a slowdown. Most analysts do not consider a slowdown to be a recession, but unemployment may rise and productivity may decline. See also: Depression.
References in periodicals archive ?
Based on the calculations, 2017 was the fourth consecutive year that witnessed a slowdown in Earth's rotation.
The cross-country experience to study the pattern of investment and saving slowdowns has revealed that the investment slowdowns have an impact on growth but not necessarily saving.
Similarly, as information technology and the Internet play a more important part of everyday life, the under-estimation of their impact could also lead to exaggerated estimates of the slowdown in productivity.
rate hike and China's economic slowdown take place simultaneously," it said.
From railroads to manufacturers to energy producers, businesses say they are facing a protracted slowdown in production, sales and employment that will spill into next year.
In turn, this would imply a further EM slowdown, while advanced economies recover.
A report by analyst Forrester found that 43% of firms have already cut their overall IT budgets in reaction to the slowdown in the global economy, while 24% have put discretionary spending on hold.
Today, a severe slowdown, driven primarily by a halving in mortgage availability, risks driving the economy into a deeper slowdown than the Bank of England anticipates.
Tesco and Asda, which have both recently reported a slowdown in sales, entered into a "pricewar" at the end of June, slashing prices in an attempt to draw in customers.
The housing-market slowdown will continue to have an impact, but the sector should stabilize by year's end.
O'Carroll noted high energy prices, higher borrowing costs and a slowdown in the housing market as areas of concern for aluminum.