industrial slowdown
[ɪnˈdʌstriəl ˈsloʊdaʊn]
nounpl: industrial slowdowns
desaceleração industrial
1. A period of reduced activity, growth, or productivity in the industrial sector of an economy
The industrial slowdown in 2023 led to reduced manufacturing output across the country.
A desaceleração industrial em 2023 levou a uma redução na produção manufatureira em todo o país.
2. A temporary decline in industrial production, orders, or employment
Economists warned of an impending industrial slowdown due to rising interest rates.
Os economistas alertaram sobre uma desaceleração industrial iminente devido ao aumento das taxas de juros.
3. A period when factories and industries operate at less than full capacity
The industrial slowdown forced many companies to lay off workers.
A desaceleração industrial forçou muitas empresas a demitir trabalhadores.
This term is widely used in both Brazilian and American economic discourse, particularly in news media and financial reports. In Brazil, discussions of industrial slowdown often relate to concerns about competitiveness and the manufacturing sector's role in economic development. In the USA, it frequently appears in discussions about employment rates and labor market conditions. The term became increasingly common after the 2008 financial crisis and resurged during economic uncertainties in 2020-2023.
NYC Slang
the manufacturing crunch / the industrial slump
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