recession re‧ces‧sion [rɪˈseʆn] noun [countable, uncountable] ECONOMICS
a period of time when an economy or industry is doing badly, and business activity and employment decrease. Many economists consider that there is a recession when industrial production falls for six months in a row:

• The economy is heading into a recession.

• Analysts concluded that the US would get out of recession and interest rates would rise.

— compare depression
— recessionary adjective :

• We're in a recessionary period.

ˌdouble-dip reˈcession ECONOMICS
a recession in which the economy begins to grow after a recession but then falls into a second recession before growing again

* * *

recessionary UK US /rɪˈseʃənəri/ US  /rɪˈseʃəneri/ adjective
ECONOMICS relating to a period, usually at least six months, of low economic activity, when investments lose value, businesses fail, and people lose their jobs: »

They can handle the problems of slower growth or even a recessionary environment.

Financial and business terms. 2012.

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Look at other dictionaries:

  • recessionary — [[t]rɪse̱ʃ(ə)nri[/t]] ADJ GRADED: ADJ n Recessionary means relating to an economic recession or having the effect of creating a recession. Reduced interest rates would help ease recessionary pressures in the economy …   English dictionary

  • recessionary — /ri sesh euh ner ee/, adj. of, pertaining to, or causing recession, esp. economic recession: recessionary market pressures. [1955 60; RECESSION + ARY] * * * …   Universalium

  • recessionary — re|ces|sion|a|ry [rıˈseʃənəri US ʃəneri] adj relating to a recession or likely to cause one ▪ recessionary pressures …   Dictionary of contemporary English

  • recessionary — recession ► NOUN ▪ a temporary economic decline during which trade and industrial activity are reduced. DERIVATIVES recessionary adjective …   English terms dictionary

  • Recessionary gap — A recessionary gap, in economics, is the amount by which the aggregate expenditures schedule must shift upward to increase the real GDP to its full employment, noninflationary level. A recessionary gap can also be referred to as a deflationary… …   Wikipedia

  • Recessionary Gap — A term routed in macroeconomic theory that summarizes the situation where an economy is operating at below its full employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is currently lower then it is at full …   Investment dictionary

  • recessionary — adjective see recession I …   New Collegiate Dictionary

  • recessionary — adjective Of or relating to a recession …   Wiktionary

  • recessionary — re·ces·sion·ary …   English syllables

  • recessionary — See: recession …   English dictionary

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