The phrase
"economic softness" refers to a situation where there is a slowdown or weakness in economic activity. It means that the overall economy is not performing as well as it should, leading to lower levels of production, employment, and spending.
Full definition
«Even with
recent economic softness, this is a disappointing performance with home sales being held back by overly restrictive loan underwriting standards,» he said.
NEW YORK (TheStreet)-- One by one, countries are devaluing their currencies, with Kazakhstan and Vietnam this week following China's move to weaken its yuan
amid economic softness and weak exports.
Conditions for gold shares improved, based on increased evidence
for economic softness and a further pullback in gold stock prices.
Some analysts argue that a flattening yield curve may be pointing to
future economic softness and might persuade the Fed to stop raising the funds rate.
Pending home sales fell in April with regional variations following increases in February and March, with unusual weather and
economic softness adding to ongoing problems that are hobbling a recovery.
Couple
this economic softness with the fact that just about any commodity you can think of from iron ore, to orange juice, to silver, to coffee, to copper is at or near a five year low and it becomes increasingly difficult to find any significant inflationary pressure and hence the imminent need for a (small) rate increase.