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economy recession vs economic recession

Both "economy recession" and "economic recession" are not correct phrases. The correct term is "economic recession," which is commonly used to describe a period of economic decline.

Last updated: March 23, 2024 • 586 views

economy recession

This phrase is not correct in English.

The correct term to use is "economic recession" to describe a period of economic decline.
  • The current international credit crisis, which is leading the US economy into recession, is slowing down the rate of growth at world level.
  • The global financial crisis has thrown the EU economy into recession, dealing a harsh blow to Europe's labour markets and jobs.
  • The sustained efforts by Athens, Dublin, Madrid and Lisbon to reduce their deficits will, in all expectation, lead these economies into recession.
  • The world economy is in recession now.
  • The policy is bound to drive the economy into further recession.
  • This success was despite the background of considerable instability worldwide, especially in Asia, Russia and more recently in Latin America, with 20 % of the world economy in recession and 10 % nearing it.
  • Agents might tend to have such expectations if they foresee the economy remaining in recession for a protracted period or if they project deflationary pressures ahead.
  • When an economy falls into recession, the value of the currency will tend to fall.
  • This crisis, which began in the financial sector, has plunged the European economy into severe recession.
  • The economy has entered a recession.
  • In the meantime, Mr Sarkozy, the real economy is entering into recession.
  • Whereas in the past it was the construction of road and rail that helped stimulate economies in recession and lead the way to future prosperity, nowadays we must focus on our information and communications technology infrastructure as a driver of future growth.
  • The international financial and economic crisis has pushed the Austrian economy into the deepest recession in post-war history.
  • Among the last of the major economies to go into recession was Japan.
  • Around the turn of the year 1997/98 the economy had moved into recession.
  • Thousands of banks collapsed, the economy plunged deep into recession and unemployment reached almost 25 % of the working population.
  • As the economy slipped into recession, the Swedish currency weakened by almost 30 % on a trade-weighted basis in less than a year, but has since recovered about three quarters of its lost value.
  • In particular, real GDP growth decelerated markedly in the early 1990s and the economy entered a recession in 1993, with output declining by over 1 % (see Table 2).
  • One year after the global economy entered severe recession, the social impact of the current crisis is being felt increasingly severely across the European Union.
  • If consumers in the United States and Europe were to lose confidence, internal demand would collapse and lead the global economy into a prolonged recession.

economic recession

This phrase is correct and commonly used in English.

Use "economic recession" to refer to a period of economic decline characterized by a decrease in economic activity.
  • Poverty is the most serious upshot of the economic recession.
  • This reduction is closely associated with the economic recession.
  • The economic recession should give us the courage to move more quickly towards a green economy.
  • Of course, deficits inevitably swell in times of economic recession.
  • The current financial crisis and economic recession are having a negative impact on public budgets.
  • Indeed, the developing countries are among those which are suffering most from this economic recession.
  • Secondly, politics will get back to genuine topics that really concern people in today's economic recession.
  • Worldwide price development, economic recession and market shrinkage
  • The current economic recession has severely harmed this sector.
  • The economic recession hit Member States with varying degrees of severity.
  • In the current context of economic recession, there have been many calls for a new European strategy for employment and sustainable and intelligent growth.
  • We'll see the same thing in the economic recession we're having now.
  • The Commission is aware of the strong economic recession that Venezuela is suffering, marked by two consecutive years of severe negative growth.
  • 2.4. Worldwide price development, economic recession and market shrinkage
  • In the current context of economic recession, there have been many calls for a new European strategy for employment and sustainable and intelligent growth.
  • One of the key sectors affected by the economic recession over the past few months has been that of passenger and freight traffic in airports.
  • It is, unquestionably, an imperative to safeguard social cohesion and reduce educational disparities, particularly in the midst of an economic recession.
  • the impact of the global economic recession that started in autumn 2008.
  • The economic recession had a negative impact on the labour market, unemployment levels rose, and this affected consumer confidence.
  • In Berlin recently a group of EU Member States held an emergency economic meeting prompted by the world economic recession.

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