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

The last recession resulted in a high unemployment rate.
Business Cycle
A recession is part of the economic cycle, following a period of growth and preceding recovery.

Economists predicted the recession after years of market expansion.
Official Criteria
Often defined as two consecutive quarters of negative GDP growth, which helps identify a recession.

The country entered a recession after two straight quarters of contracting GDP.
Compare with
ContractionDeclineDecreaseDepressionDownturnSlowdownSlumpStagnate
WordUp Chrome Extension
As you browse the web instantly look up words you don’t know.
Get Chrome Extension