From ACT Wiki
Slow growth, or stagnation, in a particular market or the wider economy.
Softness may persist
- "It therefore seems unlikely that the world economy will slide into recession soon.
- "This is the good news...
- "Although the worst-case scenario of a major downturn seems far off, frustratingly, the current softness may persist for a while yet."
- The Treasurer magazine, August 2019, p10 - Kallum Pickering, senior UK economist, Berenberg Bank.