slowdown

His decision came after the group’s staff was cut to 74 employees from 117, reflecting industry changes and a slowdown in local production activity.

This long-term slowdown in housing construction has left the region with an older, more strained housing stock and a deep shortfall in affordable options, USC said.

"It was a slowdown at first," Mr Mulligan said.

The continued strength in spending, which has defied worries about a slowdown, is in contrast to recent data showing a weakening labour market.

Then, as the story goes for many in Hollywood, the COVID-19 pandemic struck, triggering an industry slowdown and leaving Stringer out of work.