The phrase "percent pace" refers to the speed or rate at which something is happening or changing, measured in percentages. It indicates the amount of progress, growth, or decline that is occurring over a specific period of time. Full definition
The economy was previously reported to have grown at a 1.1 percent pace in the first quarter. (declineoftheempire.com)
As a result, we should have grown much faster than the 2 1/2 percent pace evident over the past couple of years and seen an inflation rate much higher than what we experienced. (newyorkfed.org)
The numbers were sharply below the 3.2 - percent pace set in the third quarter of 2017, with expectations of a further decline in the first - quarter 2018 numbers. (forexfocus.com)