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Exact(6)
That prompts firms to cut prices and wages; that weakens demand further.
Research by economists at the IMF suggests that income inequality slows growth, causes financial crises and weakens demand.
A few economists say it is possible that even if the American economy weakens, demand abroad will be strong enough to keep oil prices high.
Exporting surplus labour spares the struggling economy the need to suffer falling wages.If instead the struggling region is facing weak domestic demand (resulting from a housing crash, for instance, or a bout of fiscal austerity as is the case in the euro zone) then shipping excess labour abroad does not help, because the loss of migrants' spending further weakens demand.
The company says that its estimates could be trimmed again if the slowing economy weakens demand and liquidity at its customers.
The presence of a large not-for-profit sector also weakens demand for both public services.
Similar(51)
If monetary protectionism softens the pain felt by the trade sector, it weakens demands for the traditional variety.
The economic slowdown is weakening demand.
A house-price bust could weaken demand.
Falling wages boosted profits but also weakened demand.
Weakening demand for exports bears part of the blame.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com