excess demand

noun

1. economics a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise

Example Sentences

It would also increase unemployment, since most undocumented immigrants generate excess demand for additional services that will disappear with them, because this is what happens when you shrink the population of people that you can sell things to.

From Slate

“The US inflation hump was comparatively driven more by excess demand than European inflation, created by the vastly expansionary US fiscal policy,” he wrote in an email.

From Seattle Times

Many have long suspected that forces more sinister than excess demand and limited supply were gobbling up coveted foursomes.

From Los Angeles Times

"The excess demand in the economy that made it too easy to raise prices is now gone."

From Reuters

"A rate hike is on the table until we are really confident that we are clearly on our way," she said adding stickier-than-expected price pressures and excess demand could prompt another rate hike.

From Reuters