Business Glossary
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Economics: period of no or slow economic growth or of economic decline, in real (inflation-adjusted) terms. Economic growth of 3% or less per year-as was the case in the late 1970s, measured according to increases in the U.S. gross national product-generally is taken to constitute stagnation.
Securities: period of low volume and inactivetrading.
period of no or slow economic growth or of economic decline in real (inflation-adjusted) terms. Economic growth of about 1% or less per year is generally taken to constitute stagnation.
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