Synonyms of 'recession'
depressionDictionary, drop, decline
The recession caused sales to drop off.
It's a recession when your neighbour loses his job; it's a depression when you lose yours
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The first signs of economic decline became visible.
A depression is a time when there is very little economic activity, which causes a lot of unemployment and poverty.
He never forgot the hardships he witnessed during the depression.
Thesaurus for recession from the Collins English Thesaurus
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 .