In the public sector, the impact of a cost slowdown is more difficult to assess.
Shekhar Gupta, editor of The Indian Express, recently warned that India was at risk of falling into a difficult slowdown, with growth at 6 percent — a stellar figure elsewhere, but too low to keep pace with employment and demographic pressures in India.
Upgrading the wardrobe for fall, especially during economic slowdowns, is a difficult balancing act.
Mostly, though, he has a new appreciation of the medical professionals who were not part of the slowdown, and of how difficult the whole malpractice issue is.
"Clearly, that question is underscored now that these businesses are struggling in the short term, and the economic slowdown makes it more difficult to sustain confidence".
Even though default rates on commercial mortgage-backed securities are less than 1.0% compared with ratese higher than 20.0% for high-risk home loans that level is expected to rise as the global economic slowdown makes business conditions increasingly difficult for hotels, retailers and other companies carrying office building mortgages.
The economic slowdown has made monetary donations more difficult to obtain.
That task, daunting under the best of circumstances, will become only more difficult if the economic slowdown intensifies.
History suggests that it is difficult to keep a slowdown from gathering momentum, especially if confidence among investors and consumers begins to crumble.
Christine Lagarde, the economy minister, said in statement that the economic climate remained "difficult" and that the slowdown was in part a result of the phasing out of an incentive program to encourage automobile purchases.
