Recession

/rɪˈseʃn/
Definition 1 of 3
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Negative Connotation

The term 'recession' has a negative implication, often associated with job losses and financial struggle.

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The last recession resulted in a high unemployment rate.
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Business Cycle

A recession is part of the economic cycle, following a period of growth and preceding recovery.

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Economists predicted the recession after years of market expansion.
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Official Criteria

Often defined as two consecutive quarters of negative GDP growth, which helps identify a recession.

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The country entered a recession after two straight quarters of contracting GDP.
Visual representation of the word "Recession"

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