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TOEFL IELTS BNC: 2273 COCA: 3576
recession
rɪseʃən riːˈsɛʃən riˈsɛʃən rɪˈsɛʃən
Word forms: plural recessions
N-VAR 经济衰退；经济不景气 A recession is a period when the economy of a country is doing badly, for example because industry is producing less and more people are becoming unemployed. 经济衰退；经济不景气

  • The recession caused sales to drop off.

    经济不景气使销量下降。

  • We should concentrate on sharply reducing interest rates to pull the economy out of recession.

    我们应该着力大幅下调利率以使经济走出衰退。

  • The oil price increases sent Europe into deep recession.

    油价上涨使欧洲陷入严重的经济衰退。

SYN depression, drop, decline, credit crunch
Quotations
It's a recession when your neighbour loses his job; it's a depression when you lose yours Harry S. Truman
Trends of recession
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