Pronunciation: /rɪˈsɛʃ.ən/
noun a period of temporary economic decline during which trade and industrial activity are reduced
A1 A recession is a period of economic decline where there is less money available.
A2 During a recession, many people may lose their jobs.
B1 The government implemented policies to try to stimulate the economy during the recession.
B2 Businesses often struggle to stay afloat during a recession.
C1 The recession of 2008 had a significant impact on the global economy.
C2 Economists predict that the next recession may be caused by a housing market crash.
formal The country is experiencing a severe economic recession, with high unemployment rates and low consumer spending.
informal I heard that there might be a recession coming, so I'm trying to save more money just in case.
slang Dude, the economy is tanking and we're heading straight into a recession.
figurative In times of personal recession, it's important to focus on self-care and mental well-being.
recessions
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