Okuzeka
Economics vocabulary · Economic News and Data

Slowdown

Meaning in economics, with examples

/ˈsləʊdaʊn/nounCore term

In economics, slowdown means: A period in which economic growth or activity continues but at a slower pace than before; it is milder than a recession.

In Turkish: yavaşlama, ivme kaybı

How it is used

Very common in news and forecasts: a slowdown in growth, a global slowdown, a sharp or gradual slowdown. The phrasal verb is slow down: growth slowed down. Writers choose slowdown to make clear that the economy is still growing.

Example sentences

  1. The central bank expects a mild slowdown rather than a recession.

  2. A slowdown in the euro area has hurt demand for the country's exports.

Common collocations

  • a slowdown in growth
  • global slowdown
  • sharp slowdown
  • economic slowdown
  • downturnA period when economic activity, sales or prices fall or grow much more slowly; a general word that may or may not mean a full recession.
  • recessionA significant fall in economic activity lasting months, with falling output, income and jobs; often defined as two quarters in a row of shrinking GDP.
  • economic growthAn increase in the amount of goods and services an economy produces over time, usually measured as the percentage change in real GDP.
  • headwindsConditions that make economic progress harder, such as high interest rates, weak demand abroad or rising energy prices.
  • contractionA fall in economic activity or output over a period, for example when GDP is lower than in the previous quarter.

More terms: Economic News and Data

Practise with graded reading

Reading at the right level is the fastest way to make new words stick. Pick free English books by level:

This page explains English vocabulary for learners. It is not financial advice.