U.S. National Library of Medicine
Significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real gross domestic product, real income, employment, industrial production, and wholesale-retail sales. (National Bureau of Economic Research, Inc, www.nber.org/cycles.html, accessed 4/23/2009)
The numerical value of economic recession in Chaldean Numerology is: 6
The numerical value of economic recession in Pythagorean Numerology is: 4
Sample Sentences & Example Usage
In the face of Brazil's economic recession, our diversified business and international presence become even more important to delivering consistent results.
California used to provide comprehensive dental benefits for adults, during the recent economic recession they were looking for ways to cut costs and save money.
Increment in remuneration every year is just an illusion for it can't even counter the effect of inflation & price rise and thereby leading to accumulation of financial burden on the shoulder of the common men especially salaried class people and so we have economic recession.
A chief reason for an unrealistic price rise, inflation, poor employment generation & economic recession is ‘Right Person in Wrong Position’ leading to implementation of ineffective policy & defective strategy and thereby imperilling the GDP (Growth, Development & Progress) of the nation.
One of the key reasons for an economic recession is that some right persons are at the wrong locations and not able to reach up to the deserved key positions and that’s what leading to an implementation of the ineffective policies & the defective strategies, which eventually are only impairing the GDP (growth, development & progress) of the nation.
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"economic recession." Definitions.net. STANDS4 LLC, 2017. Web. 23 Aug. 2017. <http://www.definitions.net/definition/economic recession>.