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2 result(s) found for recession:

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Results found in English Dictionary

	recession
	economics [n]: resesjon [u], konjunkturnedgang [u]
	economics [n]: recesión [f]
	economics [n]: recession [u], konjunkturnedgång [u]

Synonyms:

[n]: financial condition [gt], economic condition [gt] [n]: recess, niche, corner, concave shape [gt], concavity [gt], incurvation [gt], incurvature [gt] [n]: recessional, procession [gt] [n]: ceding back, cession [gt], ceding [gt] [n]: receding, withdrawal [gt]

Derived terms:

precession, precession of the equinoxes, recessional, recessional march, recessionary

Wiki:

In economics, a recession is a business cycle contraction, a general slowdown in economic activity over a period of time. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, business profits and inflation all fall during recessions; while bankruptcies and the unemployment rate rise.

Example:

He argued that the new policy was bound to drive the economy into recession. The recovery of Japans economy, which has been in a recession for some time, is finally under way. This increase in unemployment is a consequence of the recession. Social unrest may come about as a result of this long recession. The policy is bound to drive the economy into further recession. As the recession set in, temporary employees were laid off one after another. The recession has put the crunch on wage laborers. The economy has entered a recession. In spite of their tiny restaurant they managed to pull through the recession. The world economy is in recession now. Japan is still struggling to emerge from recession. My business is at a standstill because of the recession. Corporate results deteriorated because of recession. Even though were supposedly in a recession, people are traveling abroad in record numbers this Golden Week holiday. Were in store for a recession. The unemployment rate went up to 5% because of the recession. Thousands of small businesses went under during the recession. A recession is bound to come next year. The software company collapsed during the recession. The bank collapsed during the recession.

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