economic growth. 16) economics a continuous upward or downward movement in economic activity or prices, caused by interaction between prices, wages, demand, and production. Published by Houghton Mifflin Company. In Japan, however, consumer spending has remained consistently weak, depressed by the enthnographic Paper deflationary spiral in the economy: consumers are reluctant to spend if they believe prices will be lower in future. Despite the commitment by world leaders in 2009 to a Global Jobs Pact to counter the deflationary spiral, many are practising the opposite.
Transferred and figurative sense by 1922. Polar equation of Archimedes spiral: r a ; of logarithmic spiral: log r a ; of hyperbolic spiral: r a, (where a is a constant) another name for helix (def. Coiling or developing around an axis in a constantly changing series of planes; helical. These unemployed individuals may have a hard time finding new work during a recession and will eventually deplete their savings in order to make ends meet, eventually defaulting on various debt obligations such as mortgages, car loans, student loans and on credit cards. Definition, economic occurrence where the inflation rate is negative and continuing to decrease. At this point, people's expectations regarding future inflation are also lowered and they begin to hoard money. Elapsed time:.
A spiral or helical object, formation, or form. Together with persistent high unemployment, the still ongoing deleveraging by households and fiscal austerity measures by Governments is keeping the risk of Europe entering into a downward, deflationary spiral dangerously high. A maneuver in which an airplane descends in a helix of small pitch and large radius, with the angle of attack within that of the normal flight range. The accumulating bad debts ripple through the economy up to the financial sector, which must then write them off as losses. Show More Online Etymology Dictionary, 2010 Douglas Harper deflationary spiral in Medicine spiral (sprl) adj.