"Percent contraction" refers to the decrease or reduction in a quantity, expressed as a percentage. It indicates how much something has decreased compared to its original size or magnitude. Full definition
He noted that the baseline scenario for tests in 2015 — which projected an economic contraction of 2.3 percent for that year — was more dramatic than the 1.3 percent contraction used in the most conservative scenario in the current tests. (cnbc.com)
But with so many interests — and political careers — at stake, the risk that talks could fall through at any point remains a serious risk,» he warned, adding that such a scenario would have an impact of a 1.5 percent contraction on the U.K.'s long - term growth trend. (cnbc.com)
The Trax's 18 percent drop in December sales volume is disappointing given that the model saw a greater sales decrease than the 8 percent contraction seen by the segment during a time when crossover popularity is on the rise. (gmauthority.com)