A phase of the business cycle characterized by reduced business activity, reduced corporate and personal borrowing, and rising unemployment. Generally defined as two consecutive quarters of decline in GDP.
A contraction or slowing down in the growth of the economy.
An economic condition in which the production of goods and services is slowing, unemployment is rising and interest rates are falling, perhaps preceding a depression unless the economy is stimulated.
A decline in total physical output that lasts six consecutive months or more. A growth recession is marked by a six month or longer slowdown (but no decline) in growth rate.
Recession - decrease in business activity.
A down period in the economic cycle. It is defined as two consecutive quarters of negative economic growth in gross domestic product. A recession is characterized by falling production and sales, rising unemployment, peaking inflation, stimulatory economic policies, falling interest rates, and depressed commodities prices. Stock prices usually hit bottom in a recession and begin to rebound.
Fall or reduction in trading volume.
A significant decline in economic activity. In the U.S., recession is approximately defined as two successive quarters of falling GDP, as judged by NBER. A recession in one country may be caused by, or itself cause, recession in another country with which it trades.
A decline in the size of the economy. One ... more on: Recession
Fall in the country's economic activity, for at least two consecutive quarters, as shown in a lowering of the GDP. Not as serious as depression.
Reduced economic activity, evidenced by a decline in GDP (gross domestic product) for two or more consecutive quarters.
An extended decline in general business activity. The National Bureau of Economic Research formally defines a recession as three consecutive quarters of falling real gross domestic product. A recession affects different securities in different ways. For example, holders of high-quality bonds stand to benefit because inflation and interest rates may decline. Conversely, stockholders of manufacturing firms will probably see company profits and dividends drop.
Generally defined as two consecutive quarters of negative or no growth in the economy accompanied by a rise in unemployment.
A decline in the rate of national economic activity, usually measured by a decline in real GDP for at least two consecutive quarters (i.e., six months).
two or more consecutive three-month periods of decline in a country's gross domestic product
An extended decline in national economic activity; often defined as a decline in real GDP for at least two consecutive quarters (i.e., six months). (See also Contraction.) View LEI Lesson(s) that address this term
the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
a decline in overall business activity
a downturn in economic activity and is associated with falling levels of GDP, consumption and investment expenditure
a nationwide lull in business activity
a period in which economic activity is thinning or falling, while a depression is a period in which it is depressed below some level
a period of falling economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales
a period of negative growth in the economy, caused by individuals or businesses not spending as much money as they were
a phenomenon in which economic activity slows and jobs becomes scarce, whereas a depression is a condition where the entire financial foundation collapses destroying economic activity
a prolonged period of time when a nation's economy is slowing down, or contracting
a pronounced, pervasive and persistent decline in output, income, employment and sales
a relatively moderate version of a depression
a retreat, a decline in GDP, employment, and trade
a significant decline in activity spread across the economy, lasting more than a few months, visible in real gross domestic product, employment, and other indicators of activity
a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales
a significant decline in economic activity spread across the economy, lasting more than a few months," the statement said
a slowdown in overall economic activity, resulting in unemployment
a time when things are going backwards, when people are having trouble finding work, where there's not much hope in certain quarters of our country
A contraction in the level of economic activity in which real GDP declines in two successive quarters.
A critical slowdown in the economy. It generally refers to a period in which a nation's GDP declines over two consecutive quarters.
An extended decline in general business and economic activity.
A temporary economic downturn usually indicated by two consecutive calendar quarters of a falling Gross Domestic Product.
period during which the total output of the economy declines
Broadly defined, a recession is a downturn in a nation's economic activity. If national productivity, or gross domestic product (GDP), declines for at least two consecutive quarters, it is usually considered a recession. The consequences typically include increased unemployment, decreased consumer and business spending, and declining share prices.
The economy slows down and manufacturers slow production (there are layoffs); an economic downturn of two or more quarters
A time of less business activity, usually lasting at least three quarters of the year or nine months.
A period, generally considered two consecutive quarters, of zero or negative economic growth and increasing unemployment.
technically defined as at least two consecutive quarters when the economy shrinks or fails to grow.
A decline in an economy's total production lasting six months or longer.
A temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP.
A period of general and sustained economic decline.
A decline in business activity. Often defined as two consecutive quarters with a real fall in GNP.
One of the most widely used rules-of-thumb for classifying a recession is that it requires two consecutive quarterly declines in real gross domestic product (GDP).
A period of reduced economic activity during which the level of unemployment rises, production slows, and general prosperity lags.... read full article
A decline in economic activity where the GDP is in this state for a period of two quarters or more.
A period of falling output in the economy.
Downturn in a country's economy, as measure by a decline in GDP
a stage of the business cycle in which economic activity is in slow decline. Recession usually follows a boom, and precedes a depression. It is characterized by rising unemployment and falling levels of output and investment. recurring payments: an electronic payment facility that permits a merchant to process multiple authorizations by the same customer either as multiple payments for a fixed amount or recurring billings for varying amounts. redemption: the purchase by a company of its own shares from shareholders.
two consecutive quarters of a year during which GDP falls
a period of reduced or declining economic activity.
A significant slowdown in the economy, but not of the same severity or duration as a depression. The term recession is sometimes used in a more technical sense to refer to a period in which a nation's GDP declines over two consecutive quarters.
The downturn in economic activity, defined by many economists as at least two consecutive quarters of decline in a country's Gross Domestic Product.
A period of decline in the overall economic activity of a country. It is measured by the decline in real GDP for two consecutive quarters.
As reflected in the gross national product, a decline in economic activity in at least two consecutive quarters. See: Gross National Product; Inflation
a period during which unemployment rises and total buying power declines (48)
A time of slow or stagnant economic activity and productivity, rising unemployment, and lower interest rates. Not as severe as a depression.
When GDP growth is negative for two quarters or more. Usually accompanied by people losing jobs, housing prices going down, and a bear market.
A temporary decline in economic activity or prosperity.
The periodic slowdown in production that characterizes the business cycle. Nowadays, the conventional definition of a recession is two consecutive quarters of downturn in Real GDP.
a period during which economic activity (spending, investment) falls, and unemployment rises.
Two consecutive quarters with a decrease in economic output.
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.
A significant slowdown or minor contraction in the economy (as opposed to a depression which is a major contraction in economic output). A recession is sometimes defined as a period where a nation's Gross Domestic Product (GDP) declines over two consecutive quarters.
A phase of the business cycle extending from a peak to the next trough--usually lasting six months to a year--and characterized by widespread declines in output, income, employment, and trade in many sectors of the economy. Real GDP usually falls throughout a recession. See business cycle. (NBER)
defined as two consecutive quarters of negative GDP growth
A general decline in the level of economic activity and growth at country, region or world level. It is generally associated with an increase in unemployment and a decline in the rate of inflation. Français: Récession Español: Recesión, contracción económica
A period of no or negative economic growth and high unemployment.
A critical slowing in the economy. The term recession technically refers to a period in which a nation’s GDP declines over two consecutive quarters.
A prolonged period of time (often defined as two successive quarters) in which economic activity declines or decreases.
A significant decline in activity spread across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's GDP.
It is characterized by cautious spending, an increase in individual savings and a general decline in the gross domestic product.
When the Gross Domestic Product declines for at least two consecutive three-month periods.
1. The decrease in streamflow, at a point along a stream channel, following the passage of a crest. 2. (Also called falling limb.) That portion of a hydrograph that shows the rate of decrease of stage or discharge following the passage of a crest; the opposite of rising limb.
See on: Investopedia As reflected in the gross national product, a decline in economic activity in at least two consecutive quarters.
A downturn in the economy.
A prolonged period (popularly defined as two successive quarters) in which economic activity shrinks.
The most common definition is two consecutive quarters of decline in real gross domestic product. A recovery begins when the economy starts to move out of the bottom of its cycle, with increasing demand for goods and services, increasing investment and growing employment.
A downturn in economic activity, generally defined as at least two consecutive quarters of decline in a nation's gross national product.
Business cycle phase of a deteriorating economy, which results in less business and consumer spending and depression of real estate prices. Specifically defined as two consecutive quarters with negative economic growth.
Period during which national income, employment, and production all fall.
A significant decline in general economic activity extending over a period of time.
A recession is traditionally defined in macroeconomics as a decline in a country's real Gross Domestic Product (GDP) for two or more successive quarters of a year (equivalently, two consecutive quarters of negative real economic growth). However this definition is not universally accepted. The National Bureau of Economic Research defines a recession more ambiguously as "a significant decline in economic activity spread across the economy, lasting more than a few months."