Economic environment,

Definition of Economic environment:

1. The totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, that influence the buying behavior of consumers and institutions.

How to use Economic environment in a sentence?

1. The economic environment resulting from the 2007 financial crisis created a great deal of fear amongst companies thereby limiting their capital spending budgets.
2. Consumers are suffering in the current economic environment as high interest rates and low income are forcing homeowners to default on their mortgages.
3. The economic environment was analyzed as it was concluded that our project would be successful considering we benchmarked the best company.