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Economic Slowdown
(redirected from slowdown)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
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.


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Summary: The number of homes sold during August dipped slightly as the property market suffered its traditional seasonal slowdown.
London-based Cable & Wireless Plc, the UK's second-biggest fixed-line phone company, will cut more costs to safeguard profitability as its Caribbean business suffers from the slowdown of the global economy, reports Bloomberg (July 18, 2009).
Slowdown is reported in production of wool, cotton fiber, clothes, clothing, according to the report released by the National Statistical Committee.
 
 
 
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