1. A reduction or decrease in the amount of money spent by consumers, businesses, or governments
The spending decline in retail sectors indicates economic uncertainty among consumers.
O declínio de gastos nos setores de varejo indica incerteza econômica entre os consumidores.
2. A downward trend in expenditure over a specific period
The company reported a significant spending decline in Q3 due to budget cuts.
A empresa relatou um declínio significativo de gastos no Q3 devido a cortes orçamentários.