Sentence examples for a sharp contraction in from inspiring English sources

A decade ago, it took "tax hikes, a sharp contraction in military spending, and an unprecedented economic expansion to achieve fiscal consolidation," the I.M.F.

Erasing that deficit would probably mean a sharp contraction in the Mexican economy.

The trade balance has been adjusting mainly through a sharp contraction in imports.

After a sharp contraction in 2009, the economy recorded the third-fastest rate of growth in the G20 last year.

The likely outcome is a sharp contraction in public sector spending (austerity) and asset sales, restructuring, or insolvency by private sector firms, producing a recession.

"Few of us could have expected such a sharp contraction in output and the United Kingdom economy now faces the prospect of returning to recession," Davis warned.

A sharp contraction of trade in the Byzantine Empire was exacerbated by wild overspending by Venice, the medieval equivalent of a European central bank.

Britain got a vote of confidence from Moody's on Thursday, which said the government's second round of measures to stave off financial collapse is "reducing the risk of a sharp contraction of credit in the short term".

Surveys of consumer and business confidence suggest the economy is still in a sharp contraction, and hard data are beginning to affirm that view.

But a sales-tax rise baked in for October 2015 (from 8% to 10%) will create fear as the year progresses; the previous jump (from 5% to 8%) caused a sharp contraction of the country's economy in 2014.

This week, Standard & Poor's estimated that if Greece, Ireland, Spain and Portugal suffered a sharp contraction forcing them to default, banks in Western Europe would need to raise 250 billion euros — half the amount Europe plans to set aside for its stability fund.