recession

(redirected from Economic slowdown)
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recession:

see depressiondepression,
in economics, period of economic crisis in commerce, finance, and industry, characterized by falling prices, restriction of credit, low output and investment, numerous bankruptcies, and a high level of unemployment.
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recession

a period of lower than average economic growth.

recession

[ri′sesh·ən]
(geology)
The backward movement, or retreat, of an eroded escarpment.
A continuing landward movement of a shoreline or beach undergoing erosion. Also known as retrogression.
The withdrawal of a body of water (as a sea or lake), thereby exposing formerly submerged areas.
(hydrology)
The gradual upstream retreat of a waterfall.

recession

1. Economics a temporary depression in economic activity or prosperity
2. Religion the withdrawal of the clergy and choir in procession from the chancel at the conclusion of a church service
References in periodicals archive ?
However, he added, "if further gloom, descends and the economic slowdown gathers pace, the Bank need to be ready and willing to cut rates again.
Likelihood of an economic slowdown in the UK next year has increased in the wake of recent interest rate rises and this has taken its toll on UK firms.
Other than the world economic slowdown, global stock market declines and sluggish corporate merger and acquisition activities were also responsible for the sharp drop in foreign direct investments, the UNCTAD report said.
The economic slowdown, coupled with the current military action led by the United States, will immediately intensify the weeding out of the weak CRM software companies," said Tom Topolinski, vice president for Gartner Dataquest's Application Software Industry Research group.
The wider economic slowdown, meanwhile, has trimmed the amount of industrial scrap that flows into the yards of processors.
However, there were already signs in 2000 of an economic slowdown in all three of the world's largest economies - the U.
Analysts project that Mexican brewer Grupo Modelo will report higher third-quarter profits, with solid export pricing expected to counterbalance the impact of economic slowdown.
LOGISTICS group Hays has attempted to brush aside concerns about economic slowdown after revealing that its personnel arm had an "exceptional" year.
In a worst-case scenario, the global economic slowdown could reduce worldwide IT spending between 2001-2003 by as much as USD150bn, according to a new report from IDC.
But less likely suspects would be equally hard hit by an economic slowdown in the U.
Changes in the balance sheet of the banking industry during 1990 largely reflected the effect of the economic slowdown on loan demand and the response of banks to new capital requirements, funding difficulties, and problems in loan quality.
Your staff may have the best ideas for saving time and money during an economic slowdown.