Sentence examples for severe contraction from inspiring English sources

The current global crisis of capitalism began with the severe contraction in the housing markets in mid 2007.

Still, Europe is likely to experience a less severe contraction than that in the United States, Mr. van Ark said.

Preventing a sudden and severe contraction in fiscal policy will support the transition back to full employment".

This is the most severe contraction in America's economy in nearly three decades.

In fact, it is likely to undergo a severe contraction over the next few years.

Friday's awful news of 80,000 lost jobs in March surprised economic forecasters, who had not expected such a severe contraction.

Compared with the same quarter last year, gross domestic product fell 3.7percentt, which was a less severe contraction than economists had forecast.

The Fed said there was also a risk from "a more severe contraction in the housing sector and a substantial decline in house prices".

Official figures released yesterday showed the economy shrank 0.6% between July and September, the most severe contraction in close to 20 years.

But back in 1989, because of his imaginative work, I came away with a recognition that a severe contraction, even a depression, could indeed come again.

That was a "pretty severe contraction," the White House press secretary, Robert Gibbs, said aboard Air Force One en route to Missouri.