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recession
Longman Dictionary of Contemporary English
recession
noun
COLLOCATIONS FROM OTHER ENTRIES
economic recession (=a period during which a country or area has a lot of problems with its economy)
▪ People are scared they will lose their homes if there is an economic recession.
the depths of recession
▪ The country was recovering from the depths of recession.
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
current
▪ The Beckwith brothers and Tony Clegg exited from property shares with perfect timing just before the current disastrous recession.
▪ Matters referred to in relation to the current recession include the provisions for companies to carry back trading losses.
▪ Course costs and benefits Sir, - During the current recession we are all forced to carefully review costs.
▪ Yet the current recession is far from average.
▪ When the current recession gripped, they decided to take evasive action.
▪ Negatives 1 Unemployment has been the most obvious cost of the current recession.
▪ Experts say that the current recession is behind the trend.
▪ In many ways families have never recovered from the earlier recession of the 1980s, let alone the current recession.
deep
▪ All three countries were already in a deep recession last summer, which the war has made worse.
▪ Stagflation and the threat of deeper world recession has left marks upon the consciousness of the workers.
▪ The advertising industry was in deep recession.
▪ We had come out of a deep recession a year earlier, while Clinton has had good economic times.
▪ But now, with the City of London in a deep economic recession, the pressure on dealers had increased.
▪ Investors are hoping the economy will pull out of a deep recession this year.
▪ Is he worried that it has taken such a deep and prolonged recession to reduce inflation to its current level?
▪ That would have fueled a disastrous crash that would cripple banks and securities firms and lead to a deep recession.
economic
▪ The economic recession around the world was not generally helpful to precious metal prices.
▪ Mr Bruce says the fund bought the zeros several years ago in anticipation of an economic recession.
▪ At a time of economic recession and high interest rates this is a particular problem.
▪ The last, and perhaps most troubling possibility for the stock market, would be an unexpected economic dive into recession.
▪ The economic recession of the late 1970s brought about a decline in the scheme similar to that in regional policy.
▪ President Allende took office at the end of a period of economic recession.
▪ Hopes are still expressed that old manufacturing industries will re-employ all those previously made redundant as soon as the economic recession is over.
▪ It was feared that a severe liquidity crisis might ensue and that the world economy would then be plunged into economic recession.
global
▪ However, the case for a global recession is not clear-cut.
▪ But for now the really interesting question is whether the collapse in share prices means the start of a global recession.
▪ But the global recession was deeper than that.
▪ The 1982-83 policies made the global recession vanish almost instantly.
▪ So what price a global recession?
ill
▪ Britain in the early 1990s appears to be on the precipice of the worst recession since the 1930s.
▪ The worst recession since the l930s was followed by a boom.
▪ The sharpest rise in shop sales for almost 12 years encouraged hopes that the worst of the recession is over.
▪ We've gone through the worst of the recession.
▪ Above all, both countries are facing their worst recessions for many years.
▪ Although interest rates and inflation were both falling, Britain had to struggle through one of the worst recessions since the war.
long
▪ But the long recession, together with high unemployment figures and a stagnant housing market, has changed homeowners' perceptions.
▪ What now, when we may have hit the bottom of the longest real estate recession in 60 years?
▪ Gripped by the longest recession since the war, Britain needs a government with a clear sense of direction and purpose.
▪ By the end of this year, California will bounce back completely from its 5-year-#long recession.
▪ Furthermore, the percentage of success would be higher following a long recession.
▪ The Conservatives have created the longest recession for 60 years.
▪ And it is both a warning to the public and an acknowledgment of the long climb out of recession which still lies ahead.
previous
▪ Defence spending, untouched by the previous recession, is falling as the cold war thaws.
▪ The previous recession sorted out two fundamental problems: overmanning and troublesome unions.
▪ And all, whether singly or in combination, have preceded previous recessions.
▪ The University of Michigan's consumer-confidence index remains above its level in previous recessions.
▪ It is based on the behaviour of several indicators, including inventories and consumer confidence, ahead of previous recessions.
severe
▪ What starts as a mild downturn becomes a severe recession through the reaction of risk-averse, highly leveraged businesses.
▪ More severe recessions that last longer.
▪ Record profits in time of recession Darlington Building Society has made record profits despite the severe recession in the housing market.
▪ It has been a severe recession for the construction industry.
■ NOUN
world
▪ A decade of success ended with the problems of recession - a world recession.
▪ Stagflation and the threat of deeper world recession has left marks upon the consciousness of the workers.
▪ Nissan's £75 million loss between March and September is blamed on the world recession.
▪ The world recession has been tough for all of us, at home and abroad.
▪ Unemployment is a consequence of various factors - of inflation and world recession - and not something that we can escape.
▪ The result could be world recession and a worsening of the international debt crisis.
■ VERB
affect
▪ Both the controls and manufacturing services businesses were adversely affected by recession in their markets.
▪ The leisure business continues to be once again seriously affected by the recession.
▪ Worst hit will be the South, where people with high mortgages have been most affected by the recession.
▪ As a result of this home-market bias, Highland was affected by economic recession in Britain.
avoid
▪ Monetary policy was eased in order to avoid a downturn or recession.
▪ In either case United Kingdom-linked companies are best avoided, as prolonged recession would result in more company failures and dividend cuts.
blame
▪ Nissan's £75 million loss between March and September is blamed on the world recession.
▪ The company have blamed the recession.
▪ The job losses are blamed on the recession.
▪ But as shopping habits changed many traders shut up shop and moved out blaming recession, traffic restrictions and fewer bus routes.
▪ The company blames the recession and a downturn in orders.
▪ And today Fluid transfer at Nailsworth cut seventeen staff ... also blaming the recession.
▪ Admits commuters are dropping out but blames the recession.
▪ Central Office complains that the government is blamed for recession but gets no credit for recovery.
cause
▪ Imports had fallen to US$4,010 million in 1990 as a result of contraction in internal demand caused by the recession.
▪ Greenspan also said it was too early to judge whether the recent drop in the stock market could cause a recession.
hit
▪ It should also drum up more work for a profession that has been badly hit by the recession.
▪ Background: The New York area was hit hard by the recession, but pent-up demand is pushing up prices.
▪ But those images are becoming harder and harder to stomach in a world hit by recession.
▪ Reverend Sawyer says like everything else, his church is being hit by the recession.
▪ And not surprisingly, the motorists hardest hit by recession are those living in London and the south-east.
▪ The Automobile Industry is among the hardest hit by the recession.
▪ The South-East and West Midlands have been hardest hit by the recession.
▪ She says rural areas have been hard hit by the recession.
move
▪ The crunch has come, however, when the period of subsidy ends, or when the economy has moved into recession.
▪ Really, we moved just before the recession took hold, otherwise we couldn't have done it.
▪ The Chancellor had totally failed to come up with an industrial strategy to move Britain out of recession, Mr Brown said.
▪ With the economy moving out of recession we expect to see fewer clients cutting back and this should help reduce our terminations.
pull
▪ As an economy pulls out of recession, the demand for loans is likely to rise.
▪ If, however, firms believe that the economy will now pull out of recession, their confidence will increase.
▪ He said Labour was seeking a mandate for the action needed to pull Britain out of recession.
▪ But the housing market will pull out of the recession in the second half of 1993, say the economic pundits.
▪ Hence none of the engines of recovery is available to pull us out of the recession.
recover
▪ In many ways families have never recovered from the earlier recession of the 1980s, let alone the current recession.
▪ As in Iowa, New Hampshire had recovered from a 1992 recession and had seen unemployment drop sharply.
▪ The report painted a generally optimistic picture of Britain continuing to recover from the worst recession since 1945.
▪ Wilson made three separate proposals for personal income tax cuts as the California economy recovered from a deep recession.
▪ In the recession of the early 1990s the United States successfully used lower interest rates to help it recover from a recession.
▪ Its report said countries that have reformed most vigorously have recovered from recession more rapidly and attracted more investment.
suffer
▪ The Longbridge car plant in the constituency has suffered in the recession and Labour needs a swing of only 2.5 percent.
▪ For instance, what if Bozo, Inc., suffers through a recession and earns just one penny?
▪ Male speaker It's precisely prosperous towns like Wallingford which are suffering from the recession.
▪ Both economies have suffered grievously from recession.
▪ Many towns and cities have suffered in the recession.
▪ The sort of business which flourished in the eighties but suffered in the recession hit nineties, laying off workers.
▪ He has not even learned that Britain is suffering from a recession bordering on a slump.
▪ I hope the people who have suffered from the recession will continue to support the conservative party.
EXAMPLES FROM OTHER ENTRIES
▪ In times of severe recession companies are often forced to make massive job cuts in order to survive.
▪ the recession of the 1980s
▪ The car industry, like most other industries, is feeling the effects of the recession.
▪ The economy is in recession and will remain so for at least another year.
EXAMPLES FROM CORPUS
▪ About one-fifth of the economists see a recession under way by the time of the presidential election this November.
▪ Banks' need for capital is greatest when economies are in recession and borrowers can not service their loans.
▪ First, it could turn slowdowns into recessions and average recessions into more severe ones.
▪ First, there is the recession.
▪ The first is that the recession they have caused and which so nearly ditched them will not go away automatically.
▪ The reduction to recession happens when there is too much in the engram bank suppressing the incident.
▪ Yet the current recession is far from average.
The Collaborative International Dictionary
Recession

Recession \Re*ces"sion\ (r[-e]*s[e^]sh"[u^]n), n. [L. recessio, fr. recedere, recessum. See Recede.]

  1. The act of receding or withdrawing, as from a place, a claim, or a demand.
    --South.

    Mercy may rejoice upon the recessions of justice.
    --Jer. Taylor.

  2. (Economics) A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a depression.

  3. A procession in which people leave a ceremony, such as at a religious service.

Recession

Recession \Re*ces"sion\, n. [Pref. re- + cession.] The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Douglas Harper's Etymology Dictionary
recession

1640s, "act of receding, a going back," from French récession "a going backward, a withdrawing," and directly from Latin recessionem (nominative recessio) "a going back," noun of action from past participle stem of recedere (see recede).\n

\nSense of "temporary decline in economic activity," 1929, noun of action from recess (q.v.): The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity -- even if we have to face an immediate recession of some magnitude -- to be long delayed. ["Economist," Nov. 2, 1929]Ayto notes, "There was more than a hint of euphemism in the coining of this term."

Wiktionary
recession

n. 1 The act or an instance of receding or withdrawing. 2 A period of reduced economic activity 3 The ceremonial file out of clergy and/or choir at the end of a church service.

WordNet
recession

  1. n. the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

  2. a small concavity [syn: recess, niche, corner]

  3. the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service [syn: recessional]

  4. the act of ceding back [syn: ceding back]

  5. the act of becoming more distant [syn: receding]

Wikipedia
Recession

In economics, a recession is a negative economic growth for two consecutive quarters. It is also a business cycle contraction which results in a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.

Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

Recession (disambiguation)

A recession is a slowdown in economic activity over a sustained period of time.

Recession may also refer to:

  • Modern recession of beaches, a loss in sand and beach dimensions resulting from coastal erosion
  • Ceremonial recession, the return journey of a group involved in a ceremonial procession
  • Receding gums, a loss of gum tissue resulting in the roots of teeth becoming exposed
  • Recession of a satellite moving to a higher orbit, as in the case of tidal acceleration.
  • Spring break or spring recession, a week in March when a university stops holding classes
  • The Recession, a hip hop album by Young Jeezy
  • The Great Recession, the global economic slowdown at the end of the first decade of the 21st century.

Usage examples of "recession".

As the long recession had bitten, years before, merchant ships from New Crobuzon had started returning to dock reporting piratical manoeuvres against them, sudden brigandry from unknown ships.

It may be due to colds, injuries, irritating diuretics, injections, extension of disease from the kidneys or adjacent organs, intemperance, severe horseback riding, recession of cutaneous affections, gout, rheumatism, etc.

One of the most remarkable features of the Triassic was the widespread emergence of continents and the subsequent recession of seas from the continents, as well as the extensive spread of nonmarine deposits, composed largely of redbeds.

Space formed for Worlds by the recession of the Primal Light, 747-750.

V Vacant space for Worlds formed by the recession of the Primal Light, 747-750.

Watergate, student unrest, shifting moral codes, the worst recession in a generation, and a number of other jarring cultural shocks have all combined to create a new climate of questions and doubt.

Although economists and oil experts caution that we cannot foresee all of the grievous ramifications of such an event, there is widespread agreement that it would cause a global recession probably on the scale of the Great Depression of the 1930s, if not worse.

Lady Cres swell was looking decidedly better--probably she had entered a period of recession which might last for weeks, if not months--the country around her was heavenly and it was going to be a lovely day, and over and above that, Charles had actually smiled at her!

McManis was actually one more middle-aged expendable cut adrift in another of the ruthless corporate downsizings familiar to recession America.

If such a disruption lasted long enough, it could spark economic recessions, including in the United States.

In addition, worldwide recession had been depressing hard-currency earnings of Algerian tourism and petroleum exports, which magnified the economic crisis and increased unemployment.

That September, Argentina was already on the cliff-edge of a deep recession.

Despite serious condition of patient on admission, the carcinoma responded to a treatment of drugs and went into recession.

Here, much more than in Bracebridge, there were also the unguided who had once been guilded – families and sometimes whole guilds which had been tossed down through the Easterlies by recession or misfortune.

After twenty runs through birth, the patient experienced a recession of all somatics and "unconsciousness" and aberrative content.