Its report said that while there was still "deterioration in the business cycle", it was at a decreasing rate.

报告说：虽然“商业周期”仍然存在“恶化现象”，但是情况在不断缓解。

youdao

The report showed sluggish exports, with further deterioration in prospect as the global economy grinds towards recession.

报告显示了处于呆滞状态的出口业，在全球经济即将陷入衰退的阴影下其前景堪忧。

youdao

The deterioration of the international situation, which I noted in the introduction to the annual report last year, has continued.

我在去年的年度报告导言中提到的那种国际形势的恶化一直在继续。（介词短语作定语。）

youdao

There was a fair amount of debate going into the Labor Day weekend about whether the Fed would move at all today, but then the jobs report came out showing a significant deterioration through the summer.

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The reality, underlined in this report, is that George Osborne has faced a big deterioration in the underlying state of the public finances since 2010, which he has decided to do almost nothing about this side of a general election.

BBC: Fiscal choices from IFS

For as even the Baker-Hamilton report said, a premature departure would almost certainly produce greater sectarian violence and further deterioration.

ECONOMIST: George Bush and Iraq