economic condition

Thesaurus

Noun

1.

economic condition - the condition of the economy condition, status - a state at a particular time; "a condition (or state) of disrepair"; "the current status of the arms negotiations" recession - the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year economic crisis, slump, depression - a long-term economic state characterized by unemployment and low prices and low levels of trade and investment full employment - the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed prosperity - an economic state of growth with rising profits and full employment softness - a state of declining economic condition; "orders have recently picked up after a period of extreme softness"; "he attributes the disappointing results to softness in the economy" shakeout - an economic condition that results in the elimination of marginally financed participants in an industry; "they glutted the market in order to cause a shakeout of their competitors" wage setter - any economic condition or variable that serves to set wage rates