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has been abating

  • present perfect progressive
    of abate (3rd person singular).
    abate
    verb (used with object)
    to reduce in amount, degree, intensity, etc.; lessen; diminish: to abate one's enthusiasm.

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From 2007 to 2009, there was widespread concern about the risk of an economic depression, but that scare has been abating.

From New York Times ● May 15, 2010