What is another word for economic squeeze?
Pronunciation: [ˌiːkənˈɒmɪk skwˈiːz] (IPA) 
The term "economic squeeze" is used to describe a difficult financial situation, where individuals or organizations feel the pressure of rising expenses coupled with a decrease in income. There are several synonyms for this term that can convey a similar meaning. Some common words used to describe an economic squeeze are financial strain, budget crunch, austerity, financial crisis, cost-cutting measures, belt-tightening, financial hardship, and fiscal stress. Each of these synonyms suggests a situation where the financial situation is tight, and difficult decisions need to be made in order to manage the budget. These words are often used in economic discussions, government policies, and personal finance advice articles.
