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had been penciling

  • past perfect progressive
    of pencil.
    pencil
    noun
    a slender tube of wood, metal, plastic, etc., containing a core or strip of graphite, a solid coloring material, or the like, used for writing or drawing.

Example Sentences

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A recent survey from the Federal Reserve Bank of New York showed that consumers, who had been penciling in higher inflation in the years ahead, have begun to lower their expectations for price increases.

From New York Times ● Feb. 17, 2022