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.
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References in periodicals archive ?
The going is currently good with good to soft patches but track officials are loathe to put on more water at this stage.
Huntingdon also looks set fair with expectations of good to soft ground and possible soft patches.
Firm and well-rolled soil is a sufficient base for most patios, with any soft patches or hollows filled with hardcore and well flattened.
The Ayr going is currently good with good to soft patches.
"With that it would probably stay good to soft, although there might be some soft patches. We may get a couple of millimetres a day through the meeting, but I wouldn't expect it to change the going."
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.