Synonyms for

Recession

Verb / rɪˈseʃʌn / / ˌri:ˈseʃʌn / Another word for recession — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

A period of time when the economy of a country is not doing well and there is less money and business activity

Synonyms & similar words

recess corner niche cedingback receding recessional depression slump decline slowdown downswing trough bust crash stagnation reduction decrease dip drop tumble collapse

Synonyms by register

Formal

downturn slump contraction decline

Informal

slowdown dip rough patch hard times

Literary

ebb waning

Antonyms

boom prosperity growth expansion upturn recovery thriving

Common collocations

  • economic recession
  • mild recession
  • deep recession
  • recessionary period
  • recession hits
  • avoid recession
  • emerge from recession

Word family

noun recession
verb recede
adjective recessive

Usage note

Recession typically refers to a significant decline in economic activity spread across the economy, lasting more than a few months. It's a formal term often used in economics and finance.

Example sentences

  1. The country is in a recession and many businesses are struggling.
  2. During a recession, it can be hard to find a job.
  3. The recession of 2008 affected many people's lives.
  4. The government is trying to help the economy during the recession.
  5. The recession has caused many people to lose their homes.

Quotes

  • A recession is when your neighbor loses his job. A depression is when you lose yours. - Harry S. Truman
  • In a recession, I feel it is important to prioritize your spending.
  • In a recession, tough decisions have to be made.

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