recession (Meaning)
recession (n)
the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
a small concavity
the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
the act of ceding back
the act of becoming more distant
recession (n.)
The act of receding or withdrawing, as from a place, a claim, or a demand.
The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
Synonyms & Antonyms of recession
recession Sentence Examples
- The country is facing a severe recession, with businesses shuttering and unemployment rates soaring.
- The recent surge in interest rates has triggered a recessionary spiral, leading to a decline in economic activity.
- The housing market has experienced a sharp downturn during the recession, causing a loss in wealth and equity.
- Governments are implementing austerity measures to combat the recession, but these often lead to further economic contraction.
- The recession has had a devastating impact on low-income families, who are struggling to meet basic necessities.
- Unemployment benefits and stimulus checks have provided some relief during the recession, but are insufficient to offset the economic hardship.
- Economists predict that the recession will persist for several more quarters, before the economy recovers.
- The recession has caused a sharp decline in consumer spending, leading to lower profits for businesses.
- The global recession has disrupted supply chains and reduced exports, further exacerbating economic challenges.
- The end of the recession will likely be marked by a return to positive economic growth and job creation.
FAQs About the word recession
the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year, a small concavity, the withdrawal
slump,depression, downturn,panic, bust, slowdown, stagnation, crash
development, boom, development, boom,growth, growth,progress, recovery, recovery, progress
The country is facing a severe recession, with businesses shuttering and unemployment rates soaring.
The recent surge in interest rates has triggered a recessionary spiral, leading to a decline in economic activity.
The housing market has experienced a sharp downturn during the recession, causing a loss in wealth and equity.
Governments are implementing austerity measures to combat the recession, but these often lead to further economic contraction.
