Because of the growing numbers reported in the news is often a Real terms therefore, the meaning of it is the quantity of output or economic activity has been shrinking to 7% compared with the previous year. Normally when declining productivity means lower manufacturing activities, which means that the jobless rate would rise. If asked whether the negative 7% much worse or not? The answer is that things in the past 10 years, and the business groups that have most of the shrinkage was industrial production group. Construction Group, group transportation, communications, hotel chains, restaurants and commercial stores group.
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