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recession

Word family 
Related topics: Economics
re·ces·sion /rɪˈseʃən/ ●○○ noun [countableC, uncountableU]  
PEa difficult time when there is less trade, business activity etc in a country than usual 〔经济〕衰退，萧条
 the economic recession of the early 1980s
20世纪80年代初的经济衰退
 There is deep recession in the UK.
英国处于严重的经济衰退之中。
into/out of recession
 attempts to pull the country out of recession
推动国家走出经济衰退的努力
n COLLOCATIONS
adjectives
an economic recession
The economic recession of the '70s led to a fall in recruitment.
a world/global/worldwide recession
America’s airlines have been badly hit by the world recession.
a deep/severe recession
We are in the middle of a severe recession.
the worst recession
Colombia is going through its worst recession in decades.
the longest recession
The British economy was in its longest recession since the Second World War.
verbs
suffer/experience a recession
The country was suffering a deep recession.
slide/slip into recession (=start to experience a recession)
Most analysts don’t believe the economy will slide into recession.
plunge into recession (=start to experience a deep recession)
The US is about to plunge into recession.
be hit by a recession (=be badly affected by it)
Rural areas have been hardest hit by the recession.
cause recession
Rising oil prices help to fuel inflation and cause recession.
a recession deepens (=becomes worse)
Economists fear the recession may be deepening.
phrases
the beginning/end of the recession
The Chancellor is confident that we shall see the end of the recession in the next few months.
be in the middle/midst of a recession
We are in the midst of a world recession.
be in the depths of recession (=be at its worst level)
The country is in the depths of recession.
n THESAURUS
recession a period when a country’s economic growth stops and there is less trade
The industry has cut jobs due to the recession.
fears that the economy may be sliding into recession
depression a long period during which there is a bad recession, so that there is very little business activity and a lot of people do not have jobs
During the depression of the 1930s, as many as 20% of the population were jobless.
slump a fairly short period when there is a reduction in business and many people lose their jobs
The slump in the housing market is making it difficult for people to sell their homes.
slowdown a period when there is a reduction in business activity, that may be the start of a recession
High prices could tip the slowdown in the US into a world recession.
downturn a period during which there is a reduction in business activity and economic conditions become worse, when before the economy was growing
Public spending may reduce the effects of the downturn.
crash an occasion when the value of stocks and shares on a stock market falls suddenly and by a large amount, causing economic problems
The Wall Street Crash of 1929 was disastrous for not only the American economy, but for the world economy.
Examples from the Corpus
recession• About one-fifth of the economists see a recession under way by the time of the presidential election this November.• Yet the current recession is far from average.• Banks' need for capital is greatest when economies are in recession and borrowers can not service their loans.• The economy is in recession and will remain so for at least another year.• First, it could turn slowdowns into recessions and average recessions into more severe ones.• In times of severe recession companies are often forced to make massive job cuts in order to survive.• First, there is the recession.• The car industry, like most other industries, is feeling the effects of the recession.• The first is that the recession they have caused and which so nearly ditched them will not go away automatically.• the recession of the 1980s• The reduction to recession happens when there is too much in the engram bank suppressing the incident.
economic recession• Mr Bruce says the fund bought the zeros several years ago in anticipation of an economic recession.• Enthusiasm for it tends to wane during economic recessions.• A recent report showed how older workers bear the brunt of economic recession.• President Allende took office at the end of a period of economic recession.• At a time of economic recession and high interest rates this is a particular problem.• In the 1980s, the economic recession has produced a trend towards takeovers and mergers in the international record industry.• Hopes are still expressed that old manufacturing industries will re-employ all those previously made redundant as soon as the economic recession is over.• Some observers claim new patterns of involvement are rising in the economic recession.
From Longman Business Dictionary
recessionre·ces·sion /rɪˈseʃən/ noun [countableC, uncountableU]ECONOMICS
a period of time when an economy or industry is doing badly, and business activity and employment decrease. Many economists consider that there is a recession when industrial production falls for six months in a row
The economy is heading into a recession.
Analysts concluded that the US would get out of recession and interest rates would rise.
→ compare depression
—recessionary adjectiveadj
We’re in a recessionary period.
→ double-dip recession
re·ces·sion noun →n COLLOCATIONS1 →n THESAURUS1
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