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Contraction in sentence

343 examples of Contraction in a sentence

As my colleague Erik Hurst and his co-authors have shown, states that had the largest rise in construction as a share of GDP in 2000-2006 tended to have the greatest contraction in that industry in 2006-2009.
The delusion that economic contraction in the US and other advanced economies would be short and shallow – a V-shaped six-month recession – has been replaced by certainty that this will be a long and protracted U-shaped recession, possibly lasting at least two years in the US and close to two years in most of the rest of the world.
Certainly not his effusive cheerleaders for the costly, ineffective February 2009 stimulus bill, a vast array of social engineering and pork that was ill suited to deal with the sharp contraction in private employment in the recession.
The European economy has also slowed in 2018, with Germany even reporting a surprising contraction in the third quarter.
Investors worry about the longer-term consequences of political dysfunction, another year of European economic contraction, disastrously high unemployment, unprecedented – and thus untested – central bank policies, and increasing global tensions.
That agreement, which is now the blueprint for Greece’s relationship with the eurozone, perpetuates the five-year-long pattern of placing debt restructuring at the end of a sorry sequence of fiscal tightening, economic contraction, and program failure.
The contraction of private investment in Europe accounts for only a small part (one-third) of the growth gap.
Decoupling did not occur in 2008, when exports accounted for about 45% of pan-Asian GDP (excluding Japan) and every emerging country in the region experienced a sharp contraction in growth as world trade plummeted.
Nonetheless, as lower oil prices and economic contraction undermine budget revenues, the deficit will increase from 0.5% to 3.7% of GDP.
African Opportunities, Global BenefitsNEW YORK – The global economic recession has translated into a development crisis for Africa, which is revealing the continent’s vulnerability not only to economic contraction but also to climate change.
The rationale for favoring weak currencies was that a competitive exchange rate would prevent a further contraction in domestic output and prices (deflation).
In contrast, QE3 will be associated with a fiscal contraction, possibly even a large fiscal cliff.
In short, QE3 reduces the tail risk of an outright economic contraction, but is unlikely to lead to a sustained recovery in an economy that is still enduring a painful deleveraging process.
Forecasters assumed that monetary expansion would provide an effective antidote to fiscal contraction.
Under current law, fiscal contraction is slated to ease next year and monetary policy is likely to remain supportive, so most forecasters predict an acceleration of growth.
An excessive cut in public spending in the current circumstances can lead to a contraction in growth, which is already happening: the International Monetary Fund now projects that the eurozone will shrink by 0.5% in 2012.
Surplus emerging-market economies must understand that a prolonged contraction in the developed world creates a real danger of a global downturn at a time when they no longer retain the room for maneuver that they had four years ago.
In Ukraine, too, a huge boom in 2004-2007 was followed by a contraction amounting to almost 15% GDP in 2009 – a direct result of domestic policies.
Given synchronized fiscal retrenchment in most advanced economies, another year of mediocre growth could give way to outright contraction in some countries.
Credit expansion must now be followed by a period of contraction, because some of the new credit instruments and practices are unsound and unsustainable.
Even in the face of a GDP contraction larger than that of the United States during the Great Depression of the 1930s, Greece preferred continued membership in the eurozone to a return to the drachma, which would have freed up some additional tools for regaining competitiveness and imposed asubstantial haircut on creditors.
If it pushes too hard on continued monetary expansion, it won’t prevent a bust but instead could create stagflation – inflation and economic contraction.
Under these conditions, monetary contraction (or slowing expansion) would have a recessionary (or a less stimulative) impact on other economies.
With flexible exchange rates, however, monetary-policy contraction in a major economy would stimulate other economies in the short run, while monetary expansion would damage their performance.
In January 2009, the annualized growth rate in the second half of 2008 was officially estimated to have been -2.2%; but current figures reveal the contraction to have been much sharper – a horrendous -6.3%.
The maximum rate of economic contraction – a veritable freefall – came in the last quarter of 2008.
It would last only eight months, like the two previous recessions of 1990-1991 and 2001, and the world would decouple from the US contraction.
It would last about 24 months, and the world would not decouple from the US contraction.
Deficit reduction in a depressed economy is the road not to recovery, but to contraction, because it means cutting the national income on which the government’s revenues depend.
If the IMF imposes fiscal contraction or a misguided strategy for restructuring the financial sector (as it did in Indonesia), then the economy will be weakened and this will lead to a further erosion of confidence.
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