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Definitions

recession

[ri-sesh-uhn] / rɪˈsɛʃ ən /


Example Sentences

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For a while, experts linked the decline to the recession that struck in 2008 when the global financial system nearly imploded, driving millions of people into hardship.

From Barron's • Jun. 8, 2026

The U.K.’s industrial production fell by a third, and a recession that had begun in 1943 was prolonged, then extended again when spring brought flooding.

From The Wall Street Journal • Jun. 5, 2026

Since 1945, Britain has had a 6% annual probability of entering recession, while the U.S. has had a 15% annual probability.

From The Wall Street Journal • Jun. 5, 2026

Hiring has accelerated this year after the economy lost jobs in the second half of 2025, a rarity when the U.S. is not in recession.

From MarketWatch • Jun. 4, 2026

The Chicago Tribune reported that increasing turbulence in global markets had raised concerns in London that a recession, even a full-blown “panic,” could be in the offing.

From "The Devil in the White City" by Erik Larson




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