What does Recession mean?
A significant decline in economic activity spread across the economy, lasting more than a few months.
During a Recession, consumer spending typically decreases, and unemployment rates rise.
Recession in German, French, Spanish and Italian
GermanRezession
Definiert als zwei aufeinanderfolgende Quartale mit negativem Wachstum.
FrenchRécession
Période de recul du PIB sur au moins deux trimestres consécutifs.
SpanishRecesión
Decrecimiento de la actividad económica durante un periodo prolongado.
ItalianRecessione
Fase di calo dell'attività produttiva di un Paese.
Common phrases with Recession
- deep recession
- global recession
- enter into recession
Synonyms and opposites for Recession
- Synonym Economic downturn
- Synonym Slump
- Opposite Expansion
- Opposite Boom