two-speed

British  

adjective

1. (of a transmission system) having two settings

2. (of an economic system) allowing one sector to grow at a faster rate than another

---

Example Sentences

Those with higher incomes have continued to spend, buoyed by soaring financial markets that have boosted their sense of security, a reflection of the nation’s two-speed economy.

From The Wall Street Journal

Our guest this week was born of sturdy peasant stock, with a heavy-duty frame, four-wheel driveline, two-speed transfer case, 10-speed automatic, all-terrain tires and a big ole V8 engine.

From The Wall Street Journal

Some economists say China’s economy is exhibiting two-speed or K-shaped growth.

From The Wall Street Journal

Economists refer to the divide among consumers as the “K-shaped,” “two-speed” or “bifurcated” economy.

From MarketWatch

“We really are in a two-speed economy,” meaning lower-income people are struggling to pay for essentials such as food and housing while higher-income people are doing OK, Cleveland Fed President Beth Hammack said recently.

From MarketWatch