A batch of surveys has shown China’s factory activity shrank at the sharpest pace in nearly three years as COVID infections swept through production lines.

Source: https://business.inquirer.net/380721/dollar-jumps-u-s-stocks-buck-global-rally

Adani, 60, has since slid on Bloomberg’s Billionaire Index from being the world’s third richest person to the 11th, as his net worth shrank more than $30 billion to an estimated $84 billion.

Source: https://federalnewsnetwork.com/business-news/2023/01/adani-2-5b-share-sale-pushes-through-amid-fraud-claims/

As he rose higher and higher, his father shrank against the forest floor, a pinprick next to the monstrous girth of the tree.

Source: https://www.theguardian.com/us-news/2023/sep/30/charlie-castro-sequoia-national-park-climber

As per the Office for National Statistics (ONS), after a 0.5% gain in June, the country’s GDP (Gross Domestic Product) shrank by 0.5% in July.

Source: https://biztoc.com/x/c96225f9b2f755ef?ref=ff

A World News article in some editions Thursday and a Page One article and photo caption in some editions on Friday about China’s economy incorrectly said it shrank for the sixth consecutive month.

Source: https://biztoc.com/x/6c11b6410ade2dae?ref=ff

BEIJING (Reuters) – China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed anti-virus curbs, a private sector survey showed on Tuesday.

Source: https://www.shorenewsnetwork.com/2023/01/03/china-dec-factory-activity-2/

However, sales fell by around 27% in 2022, and China's revenue contribution shrank to about 10.5%.

Source: https://seekingalpha.com/article/4594283-xpel-small-cap-growth-stock-to-watch-amid-economic-uncertainty?source=feed_all_articles

Is it simply another indication that the market has retreated since interest rates soared and stock market portfolios shrank?

Source: https://www.nytimes.com/2023/04/24/realestate/ivana-trump-townhouse-nyc.html

Net sales at the aeronautics unit - Lockheed Martin's largest, which makes the F-35 - jumped 7% to $7.64 billion in the fourth quarter, but the segment's operating margin shrank to 10.7% from 11.5% a year earlier.

Source: https://www.marketscreener.com/news/latest/Lockheed-Martin-profit-outlook-disappoints-as-supply-labour-squeeze-persists--42799500/?utm_medium=RSS&utm_content=20230124

NEW YORK (AP) — The gonzo R-rated horror comedy “Cocaine Bear" sniffed up $23.1 million in its opening weekend, according to studio estimates Sunday, while Marvel's “Ant-Man and the Wasp: Quantumania” shrank unusually quickly in its second weekend.

Source: https://www.kelownadailycourier.ca/business_news/national_business/article_81c8d3ab-742c-5e26-b1e2-6592d1a3ec11.html

Russia’s current account surplus shrank 86 per cent year-on-year to $25.6 billion in January-August.

Source: https://cyprus-mail.com/2023/10/03/rouble-recovers-slightly-after-slide-past-100-vs-dollar/

The average rate on 10-year fixed refinance also shrank.

Source: https://www.cnet.com/personal-finance/mortgages/current-refinance-rates-on-march-13-2023-rates-dip/

“The entry-level segment (sub-$150) shrank to 46 per cent of the market, down from 54 per cent a year ago.

Source: https://www.canindia.com/201-mn-mobile-phones-shipped-in-india-in-2022-at-12-annual-decline/

The gap between the Black and White unemployment rate — a closely watched benchmark of inequality in the labor market — shrank to its narrowest level on record in March as African Americans saw outsize gains in employment.

Source: https://biztoc.com/x/179f269602e9a061?ref=ff

“The peace dividend is gone,” Kristalina Georgieva, the head of the International Monetary Fund, recently declared, referring to the mountains of cash that were freed up when military budgets shrank.

Source: https://www.japantimes.co.jp/news/2023/05/15/business/europe-hard-tradeoffs/

The share of those who reported an increase in overstocking shrank to 25%.

Source: https://eng.belta.by/economics/view/company-chiefs-predict-output-growth-increase-in-demand-and-profits-160829-2023/

The Ukrainian economy shrank more than 30% last year, and the World Bank estimated Kyiv will need at least $411-billion for its recovery and reconstruction.

Source: https://www.dailymaverick.co.za/article/2023-04-13-ukraines-zelenskiy-asks-global-leaders-to-seize-russian-assets/

While U.S. business activity shrank in January, the downturn moderated across both the manufacturing and services sectors for the first time since September and business confidence strengthened as the new year began.

Source: https://financialpost.com/pmn/business-pmn/dollar-up-after-data-signals-brighter-outlook-for-u-s-business-activity

Yes, Chewy's customer base shrank by 1% in 2022.

Source: https://moneymorning.com/investing/chewy-stock-bear-vs-bull/