What Does Stagnating Growth Mean?

Stagnation is a prolonged period of little or no growth in an economy. Real economic growth of less than 2% annually is considered stagnation, and it is highlighted by periods of high unemployment and involuntary part-time employment.

What does economic growth mean?

Economic growth is an increase in the production of economic goods and services, compared from one period of time to another. ... Traditionally, aggregate economic growth is measured in terms of gross national product (GNP) or gross domestic product (GDP), although alternative metrics are sometimes used.

What does being stagnant mean?

not flowing or running, as water, air, etc. stale or foul from standing, as a pool of water. characterized by lack of development, advancement, or progressive movement: a stagnant economy. inactive, sluggish, or dull.