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Recession
01
a hard time in a country's economy characterized by a reduction in employment, production, and trade
02
the act of moving away from a point to the state of becoming faint or distant
03
a part of a structure that is slowly losing its strength and falling
04
the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service
05
a small concavity
recession
n
cession
n
recessional
adj
recessional
adj
Example
The recession caused a significant drop in consumer confidence, affecting retail sales.
During the recession, many businesses were forced to close, leading to widespread job losses.
Families had to tighten their budgets and cut back on spending due to the recession.
Economists predicted that the recession would last for several quarters before signs of recovery would emerge.
The government implemented measures to stimulate the economy and help mitigate the effects of the recession.
