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What is another word for recession?

Pronunciation: [ɹɪsˈɛʃən] (IPA)

A recession is a period of economic downturn characterized by a decline in economic activity, such as production, sales, income, and employment. There are several synonyms for the word recession that can be used interchangeably in different contexts. These synonyms include economic downturn, depression, downturn, slump, decline, contraction, slowdown, shrinkage, and stagnation. Each of these terms refers to a period of time when the economy is going through a negative phase and is not performing as well as it did before. The synonyms can be used to give readers a different perspective when describing the state of an economy by providing alternative wording to describe the same phenomenon.
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Synonyms for Recession:

What are the paraphrases for Recession?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
Paraphrases are highlighted according to their relevancy:
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What are the hypernyms for Recession?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Recession?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for recession?

Antonyms for the term "recession" are relatively difficult to find, as the word itself denotes a particular economic phenomenon that's hard to overcome. However, "expansion" seems to be the most relevant antonym, representing the opposite direction of the economic cycle. It's a period when economic growth is moving at a robust pace, with an increase in production, employment, and income. Other antonyms that can be applied to the term "recession" include "boom," "prosperity," "upswing," and "growth." These words indicate a positive trend in the economy, with consumers spending more money, businesses expanding, and overall economic stability. While these are favorable economic conditions, they should be maintained and managed by policymakers to avoid potential economic downturns in the future.

What are the antonyms for Recession?

Usage examples for Recession

Inflation during times of recession is a strange phenomenon that owes its existence to this magician's trick.
"Down-with-the-Cities"
Nakashima, Tadashi
Assuming the alternate approach and recession to be caused by orbital revolution, Belopolsky found that the body emitting the light of the bright lines moved with an orbital velocity of forty-one miles.
"The Story of the Heavens"
Robert Stawell Ball
The rate of recession is very uncertain.
"See America First"
Orville O. Hiestand

Famous quotes with Recession

  • In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step.
    Giovanni Agnelli
  • Everyone drinks more during a recession; they want to forget.
    Christian Audigier
  • No I don't think it was a myth at all, anymore than what the recession that the whole country was experiencing was a myth, which obviously seems like it's going to get worse and worse.
    Lester Bangs
  • As sure as the spring will follow the winter, prosperity and economic growth will follow recession.
    Bo Bennett
  • In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.
    Joe Biden

Word of the Day

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