1. An economic sector that is experiencing a decline in size, output, or activity
The manufacturing contracting sector has lost thousands of jobs this year.
O setor de contração da manufatura perdeu milhares de empregos este ano.
2. A business sector undergoing reduction in workforce, production capacity, or market share
The contracting sector of the print media industry reflects changing consumer habits.
O setor em contração da mídia impressa reflete a mudança nos hábitos dos consumidores.