recession

(redirected from Real economic crisis)
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  • noun

Synonyms for recession

Synonyms for recession

a period of decreased business activity and high unemployment

Synonyms for recession

the state of the economy declines

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the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

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the act of ceding back

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the act of becoming more distant

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References in periodicals archive ?
Therefore, this is not a real economic crisis, like the crash of 1929, but a rise and transformation spread over a period of time.
default remained remote and were unlikely to translate into a real economic crisis.
The Government must cut the rhetoric and put credible plans in place now to address the long-term issue before these difficult times becomes a real economic crisis.
While the economic miracle that is the UAE is far from dead, the very real economic crisis in which the country finds itself has thrust upon it a set of challenges that will require courage and ingenuity to overcome.
Acutely aware of the vulnerability of some African states to external shocks, the Bank swiftly convened a meeting of African finance ministers and central bank governors to assess the impact of the real economic crisis and swung into action.