economic contraction

基本解释

However, it is also possible that economic contraction and a slow recovery can dent aggregate supply, otherwise known as an economy's ability to produce efficiently.
然而，经济萎缩和缓慢复苏的形势也可能会削弱总供给，或称经济的有效生产能力。
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But amid growing talk that the first budding signs of recovery are emerging, a reduction in the year-on-year rate of economic contraction can be considered a sign of progress.
不过在越来越多的谈到首次经济开始复苏的迹象正在显现时，与去年同期相比经济收缩的速度降低可以被视为一个回暖的迹象。
It is difficult to see how the cycle of austerity, economic contraction, contagion, and financial retrenchment can be broken without the promise of substantial ECB support for sovereign debts.
如果欧洲央行不为这些主权债务提供实质上的支持，我们很难看到如何打破这一轮严酷的经济收缩，金融风暴，以及财政紧缩的循环。

That would place the country in recession, typically defined as two consecutive quarters of economic contraction.
NPR: UK In Dark Mood As New Recession May Be Confirmed
It invariably leads to an economic contraction when government decides the negatives outweigh the positives.
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Portugal, whose Q4 GDP fell 1.3%, also saw a second consecutive quarter of economic contraction.
FORBES: Ironically, EU GDP Better Than Expected Despite 0.3% Contraction