recession

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Related to Economic downturn: economic crisis
See: capitulation, decline, erosion, outflow

RECESSION. A re-grant: the act of returning the title of a country to a government which formerly held it, by one which has it at the time; as the recession of Louisiana, which took place by the treaty between France and Spain, of October 1, 1800. See 2 White's Coll. 516.

References in periodicals archive ?
These simple tax breaks will make a real difference to those who suffered during the economic downturn.
The project is socio-economically driven studying only the generational causes of cyclical economic downturn, as opposed to the political finger pointing which is so prevalent these days.
Allan Kelly of Tait Walker said: "The prolonged global economic downturn has seen the shipping market severely impacted through excess market capacity and low freight income, which together with the broader economic recession left little alternative but to place Stephenson Clarke Shipping into liquidation.
Allan Kelly, of Tait Walker, added: "The prolonged global economic downturn has seen the shipping market severely impacted through excess market capacity and low freight income, which together with the broader economic recession left little alternative but to place Stephenson Clarke Shipping into liquidation.
Yorkshire workers also reported that their relationships with loved ones have suffered since the beginning of the economic downturn - with 48% spending less time with family and friends, 52% admitting to being less tolerant and more short-tempered, 40% feeling uninterested in going out or "doing things" and 16% arguing more.
BUTTERWICK's pounds 150,000 PLEA: Graham Leggatt-Chidgey, chief executive at the hospice, says the economic downturn is hitting charities like Butterwick, even though they are helped by high-profile events like the Tees Pride 10k, below
Hu predicted that the current economic downturn will last longer than the downturn during the global financial tsunami, which recovered in a short time, due to concerted effort among governments worldwide to stimulate their economies via fiscal and monetary policies, plus the active procurement by mainland China globally.
Increasing attention is given to the recent performance of the Australian labour market and to how much further the national unemployment rate will decline, as the economy recovers from an economic downturn associated with the global financial crisis (GFC).
The first summit, in March 2009, saw the college development as one of the main economic lifelines for the Vale as the impact of the economic downturn began to bite.
2 December 2009 - The global economic downturn has been blamed for a profit warning issued by Global Bio-Chem Technology Group Company Ltd.
Southern New Hampshire University included credit unions in a series of Webinars on the economic downturn to find out how the financial institutions are managing to fare during the current banking crisis.
to face a protracted economic downturn this year, and the EUR/GBP may continue.

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