The phrase "a record contraction" is correct and usable in written English.
It can be used to describe a contraction that is unprecedented or the lowest recorded level of something, often in economic contexts.
Example: "The country experienced a record contraction in its GDP due to the pandemic's impact on the economy."
Alternatives: "an unprecedented decline" or "a historic downturn."
And the big private services sector is also in dire straits: purchasing managers reported a record contraction in activity, new business and employment in November.
In the second half of 2009, as the economy bottoms out from a record contraction (the worst in the last 60 years), adjustments, such as slower inventory destocking, will occur, while policy measures such as "cash for clunkers" will boost auto production and induce continued spending brought on by the stimulus.
The Bank of Japan upgraded its assessment of the economy for the first time in three years, saying a rebound in global demand could mean the record contraction last quarter was the worst of the recession.
All of these prolonged ambulatory motility studies were done using intraluminal pressure monitoring techniques, which record contraction of the circular muscles of the esophagus.
The eurozone has emerged from recession after a record 18 months of contraction.
One sign of that is the report showing that the economy lost 159,000 net jobs in September, the latest and worst in a string of monthly reports recording a contraction in employment.
The eurozone has emerged from recession after a record 18 months of economic contraction.
Last week, figures showed that the eurozone had emerged from recession after a record 18 months of economic contraction.
It wasn't quite the punchy exit that economists were expecting, since consensus forecasts had been for growth of 0.4% in the last quarter, but It marks the end of a record six consecutive quarters of contraction for the island nation.
The economy grew at a 2.8percentt rate in July through September, after a record four straight quarters of contraction.
As the process of finalising a second bail-out for Greece continued to grind on, official data recorded a contraction in the euro zone's economy for the first time since mid-2009.
