Anxin wood securities said that overall, industry affected by the macro - economic contraction.

安信证券表示,整体来看, 行业受到宏观经济收缩的影响不大.

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And typically steeper the economic contraction and decline in employment, the faster the recovery.

一般来说,经济收缩越严重,就业下降越剧烈, 随后的复苏势头也会更迅猛.

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I suspect that this force accounts for half of the economic contraction at present.

有三个因素推动了经济的下滑.

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In the usual definition of two consecutive quarters of economic contraction is a recession . The U.

按一般定义,经济连续两个季度收缩即为衰退.

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The economic contraction is of course the prime force driving companies to lay off workers.

当然,经济衰退是促使这些公司裁员的主要原因.

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