| recession |
A big set-back or slowdown in the economic growth of a country, with high unemployment. Not as severe as a depression where there is widespread economic problems on a massive scale.
Ãâó: www.atozinvestments.com/investing-terms-r.html
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| recession |
a downswing in economic activity. The United States is officially in a recession when the GDP drops two or more calendar quarters in a row.
Ãâó: instruction.blackhawk.tec.wi.us/ghoffarth/economic...
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| recession |
A contraction in the level of economic activity in which real GDP declines in two successive quarters.
Ãâó: www.booksites.net/download/mcaleese/student_files/...
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| recession |
A temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP (Gross Domestic Product).
Ãâó: www.stanlake.co.uk/recruitment-candidates/recruitm...
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| recession |
In economics, a downward trend in the business cycle characterized by a decline in production and employment, which in turn causes the incomes and spending of households to decline.
Ãâó: www.investorwiz.com/glossary.htm
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