Meaning of “shrinking” in the English Dictionary

business-english dictionary

"shrinking" in Business English

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shrinkingadj [ before noun ]

uk /ˈʃrɪŋkɪŋ/ us

becoming smaller or less:

The shrinking workforce would have to support a growing number of retired people.
rapidly/steadily/slowly shrinking The rapidly shrinking middle class worries that our children won't have the same chances we had
a shrinking budget/economy/market

(Definition of “shrinking” from the Cambridge Business English Dictionary © Cambridge University Press)