- Sluggish Economy
- A state in the economy in which the growth is slow, flat or declining. The term can refer to the economy as a whole or a component of the economy, such as weak housing starts.
When the economy is in a sluggish state, it is generally harmful for a business since consumers and other businesses are less likely to purchase its products. A sluggish economy also has a negative effect on the labor market as businesses are less willing to hire more staff in times of weak economic growth.
Financial media often use the term "sluggish economy". For example, you will often see headlines like "Economy Sluggish due to Rising Oil Prices."
Investment dictionary. Academic. 2012.
Look at other dictionaries:
sluggish — UK [ˈslʌɡɪʃ] / US adjective 1) not performing or reacting as well as usual Sasha woke up feeling tired and sluggish. a sluggish economy 2) not moving as quickly as usual a sluggish stream Derived words: sluggishly adverb sluggishness noun… … English dictionary
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sluggish — slug‧gish [ˈslʌgɪʆ] adjective happening or reacting more slowly than usual: • Trading activity has been sluggish all week. • sluggish consumer demand sluggishly adverb : • Economists predict that taxable income will grow only sluggishly.… … Financial and business terms
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