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Apart from sapping animal spirits and requiring governments to raise taxes or cut spending, diminished growth closes off one route for lowering the high ratios of sovereign debt to gross domestic product.
Household spending diminished by 4.6%, in the tenth successive month of declines, in a sign that, in contrast to previous downturns, Japanese households may be reluctant to dip into their relatively high savings to prop up domestic consumption.
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Our society is very separated from this concept as we eat on the go, consume "fast foods" and spend diminished time cooking.
If spending diminishes growth it has to be because resources are misallocated.
Falling home prices, weak consumer spending, diminishing investment and a fresh reappraisal of risk are combining to bring more of each.
In an era of affluence, Europeans became accustomed to spending a diminishing portion of their weekly household budgets on food.
By the close of his life he was spending his diminishing energies defending not only the world of spiritualism but also the outermost fraudulent fringes of supernatural belief.
The House panel also has some advice for how OSTP should spend its diminished resources.
And so overall aggregate demand, which is the willingness of consumers and businesses to spend, is diminished.
Prospects for growth in worldwide advertising spending have diminished somewhat, according to a new Warc consensus forecast of leading predictions on the subject.
She defended the $11bn expenditure on the tournament, calling it a "false dilemma" that World Cup spending somehow diminished investments in health and education.
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