It's not impossible to launch a new company or industry even in a recession.
After falling in the recession, hotel room prices are on the rise.
“Just look at how our family would have fared during the recession,” she told me recently.
Even though Google has struggled in this recession like everyone else, it still has much more upside than Yahoo!
A similar phenomenon has been occurring in law as well, and not just post-08 . . . even before the recession.
But we must remember that fear of a recession can contribute to the fact of a recession.
How did the rate of recession at those times compare with the present rate?
These are terminal moraines, and they indicate certain pauses in the recession of the ice.
What Powell calls the "recession of cliffs" comes into play.
That recession was a more inconsiderable affair than has been represented by the foreign party of this country.
1640s, "act of receding, a going back," from French récession "a going backward, a withdrawing," and directly from Latin recessionem (nominative recessio) "a going back," noun of action from past participle stem of recedere (see recede).
Sense of "temporary decline in economic activity," 1929, noun of action from recess (q.v.):
The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity -- even if we have to face an immediate recession of some magnitude -- to be long delayed. ["Economist," Nov. 2, 1929]Ayto notes, "There was more than a hint of euphemism in the coining of this term."
recession re·ces·sion (rĭ-sěsh'ən)
The withdrawal or retreating of tissue from its normal position.
A general business slump, less severe than a depression.