Any economic deceleration could be relatively smooth, though.
In addition, slower trade growth reflects China's economic deceleration.
And we have now gone through almost two years of economic deceleration, enormous inventory cutback, reductions in capital spending.
We are now two years into a very broad-based economic deceleration, and I'm not aware of any banking failure.
As for China, the economic deceleration in that country has not "caused us to turn on the panic switch yet," he said.
He said that while the economic deceleration has slowed, it may be difficult to outperform last year's Thanksgiving weekend results, given that consumers have been more tightfisted in the months since.
On Thursday, major chains reported March sales results that were worse than their February figures, though the rate of economic deceleration that plagued stores during the holidays has slowed a bit.
The nation's retailers reported sales results for February that were as bleak as those of recent months — yet they were also slightly better than Wall Street was expecting, and a tentative indicator that economic deceleration may be slowing.
Carlos González, an economist with the Exporters Association, said Peru's economic deceleration was being overdramatized, but he added that Peru would have to work harder to maintain growth and to attract investors as outside conditions changed.
A majority of the recent economic data points to continued economic deceleration, despite positive employment data.
The week's lower leading-indicator report supported visions of a looming economic deceleration.
