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China's factory activity suffered its biggest contraction in two years in July as the number of new orders fell.
Uncertainty around Brexit convinced Irish people to save more last month, while retail sales experienced their sharpest contraction in two years.
The biggest drag on fourth-quarter G.N.P. was a decline of one-tenth of 1percentt in consumer spending, the first contraction in two years.
Even in 2001, a year in which a recession occurred, there was enough growth to offset the contraction in two of the quarters.
We also generalize Theorem 1.3 utilizing Ćirić-type contraction in two directions wherein (sigma in mathbb {S}) is utilized rather than the constant (tau.) In doing so, we obtain a slightly sharpened form of Theorem 1.1.
In conclusion, this study demonstrates that the SMG-to-torque relationship is different from those of EMG and MMG during isometric ramp contraction in two aspects.
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For all of 2002, the economy shrank 1.5percentthethe fourth annual contraction in five years.
The election will be on March 17th.The break-up coincides with the first economic contraction in five years and a rash of deadly Palestinian attacks.
MADRID — The Spanish economy suffered its sharpest contraction in four decades during the first quarter of the year as slumping global demand and a national real estate bust buffeted the one-time European leader in job creation.
Slower growth in stockpiles was a major reason the economy shrank at an annual rate of 0.1 percent in the quarter from October to December, the first contraction in three and a half years.
The initiative, announced a day before official figures will show whether Britain has avoided a third extended contraction in five years, underlines concerns about the difficulty British companies still face in raising cash after the financial crisis.
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