manufacturing contraction
[/ˌmænjuˈfæktʃərɪŋ kənˈtrækʃən/]
nounpl: manufacturing contractions
contração do setor manufatureiro
1. A decline or reduction in manufacturing output, production, or economic activity in the industrial sector
The manufacturing contraction in the third quarter reflected reduced consumer demand and supply chain disruptions.
A contração do setor manufatureiro no terceiro trimestre refletiu a redução da demanda do consumidor e as interrupções da cadeia de suprimentos.
2. A period of shrinkage in the manufacturing sector indicated by declining industrial production indices
Economists warned of a manufacturing contraction as factory orders fell significantly.
Os economistas alertaram sobre uma contração manufatureira, pois os pedidos de fábricas caíram significativamente.
This is a technical economic term commonly used in financial news, government economic reports, and business analysis in both the USA and Brazil. In Brazil, it's particularly relevant to discussions about the automotive, steel, and textile industries. The term gained prominence during economic crises and is a key indicator monitored by central banks and financial institutions.
Related Idioms & Phrases
signs of manufacturing contraction
manufacturing contraction sets in
manufacturing contraction deepens
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