macroeconomic backdrop

USAGE SUMMARY

'macroeconomic backdrop' is a perfectly grammatically correct and usable phrase in written English.
An example of this phrase in use would be: "The current macroeconomic backdrop is making it difficult for small businesses to turn a profit."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

But the first-quarter figures demonstrate Glencore's sensitivity to the macroeconomic backdrop.

The New York Times

It eventually popped — bringing on a credit crunch and deep recession that was the macroeconomic backdrop to the American Revolution.

The New York Times

"Taking a step back from the regulatory environment, the macroeconomic backdrop is still supportive of a gradual recovery in lending.

The Guardian - Business

"Although the macroeconomic backdrop still remains uncertain, particularly in Europe," the bank said, "we believe that the price risks are now shifting more to the upside".

The New York Times

"The current quarter performance was significantly impacted by an uncertain macroeconomic backdrop which resulted in elevated market volatility and a broad sell-off across asset classes toward the end of the quarter," Deutsche Bank said in a statement.

The New York Times

"We are cautiously optimistic regarding Israeli equities, given an improving macroeconomic backdrop for the market from both a global and domestic perspective," says Neil Gregson, Credit Suisse's global head of emerging markets equities and the interim chief investment officer for the First Israel fund, a closed-end stock portfolio.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

48 human-written examples

"Shareholder have raised concerns particularly over its scale and perceived complexity against the backdrop of current macroeconomic uncertainty," G4S's chairman, Alf Duch-Pedersen, said in a statement.

The New York Times

Chief executive Michael Roney said today: "Against the backdrop of difficult macroeconomic conditions, the group has delivered largely robust results as we strengthened our position in the market due to new customer wins and additional business with existing customers.

The Guardian - Business

Against this backdrop of dire macroeconomic warnings, Republican and Democratic lawmakers and the White House have sought to capitalize on the political aspect of the doubled interest rate by blaming one another for failing to stop the rate hike.

Huffington Post

With this backdrop, this study evaluates the likely impacts of the CPTPP on the regional trade flows and other macroeconomic aggregates of Pakistan using a global computable general equilibrium model.

Journal of Economic Structures

Backdrop: Nightmarish.

The Guardian

Expert writing Tips

Best practice

When discussing complex economic situations, clearly define which specific macroeconomic factors are most relevant to the "macroeconomic backdrop" being analyzed.

Common error

Avoid using "macroeconomic backdrop" as a vague catch-all phrase. Be specific about the economic indicators and trends that constitute the backdrop to provide a more insightful analysis.

Linguistic Context

The phrase "macroeconomic backdrop" functions as a noun phrase, typically serving as a subject complement or an object of a preposition. Ludwig AI indicates it's a grammatically correct and usable phrase.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Formal & Business

30%

Science

20%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "macroeconomic backdrop" is a grammatically correct and relatively common way to refer to the prevailing economic conditions that influence a particular situation. According to Ludwig, it's a well-understood and accepted phrase. Usage is most frequent in news, business, and, to a lesser extent, scientific contexts. When using the phrase, specificity is key; avoid vague generalizations and focus on clearly defining the relevant economic factors. Alternatives like "economic climate" or "prevailing economic conditions" can be used depending on the nuances you want to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

macroeconomic conditions

This alternative shortens the phrase while retaining the core meaning.

economic climate

This alternative focuses on the prevailing economic conditions, simplifying the description.

economic environment

This alternative emphasizes the external economic factors influencing a situation.

prevailing economic conditions

This option highlights the current state of the economy.

broader economic context

This option emphasizes the wider economic situation.

economic landscape

This alternative uses a metaphor to describe the economic situation.

global economic context

This alternative specifies the global nature of the economic factors.

economic situation

This is a simpler and more general way to describe the economic context.

economic reality

This alternative emphasizes the factual and concrete nature of the economic situation.

overall economic picture

This option focuses on giving the complete economic view.

FAQs

How can I use "macroeconomic backdrop" in a sentence?

You can use "macroeconomic backdrop" to describe the economic conditions that influence a particular event or situation. For example, "Against the "backdrop" of rising inflation, the company decided to postpone its expansion plans."

What's a good substitute for "macroeconomic backdrop"?

Alternatives include "economic climate", "economic environment", or "prevailing economic conditions". The best choice depends on the specific context.

Is it more appropriate to say "macroeconomic backdrop" or "economic background"?

"Macroeconomic backdrop" is more specific, referring to the broader economic factors. "Economic background" can be a more general term. The choice depends on the level of detail required.

How does the "macroeconomic backdrop" affect business decisions?

The "macroeconomic backdrop" influences factors like consumer spending, investment, and interest rates, which businesses must consider when making strategic decisions about production, pricing, and expansion.