Sentence examples for sharp contraction in demand from inspiring English sources

The sharp contraction in demand generated massive layoffs, a sharp drop in employment and a rise in unemployment.

Instead he blamed the continuing high level of joblessness on the sharp contraction in demand in the economy - something that further monetary easing should ameliorate.

Weighing in on a debate that has preoccupied Fed officials, Mr. Bernanke planted himself on the side of those who view the high unemployment rate — 9.6 percent — as an outcome of the sharp contraction in economic demand that followed the financial crisis, rather than of structural factors like a mismatch between workers' qualifications and the skills required by employers.

The global meat market in 1999 is witnessing a hesitant price recovery, after ample supplies, combined with a sharp contraction in import demand as a result of financial crises in Asia and Russia, had led to a 9 point drop in the FAO price index for meats in 1998.

After first devastating peripheral Europe, German wage policies that caused a sharp contraction in domestic German demand have driven Europe's current account from rough balance just a few years ago into the largest surplus ever recorded.

This will force a retrenchment on the part of consumers and lead to the postponement of many investment decisions.Significantly weaker external demand will result in a sharp contraction in export volumes in 2009 for the first time since 1996.

"We're still seeing growth in most areas of expenditure but this sharp contraction in aid".

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

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

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.